Updated almost 8 years ago on . Most recent reply
Rental Income on Primary 4-plex
Question for lenders (or anyone). On an owner occupied 4-plex do all lenders calculate the debt/income the same way? Would the entire PITIA go against the borrower as housing debt, Then use positive cash flow plus add backs (depreciation, interest, taxes, etc.) as income. I wish there was a lender who would subtract the cash-flow from the housing debt instead.