Boarder income vs Rental Income
Okay, so I own one house and rent out the extra bedrooms to friends (boarder income). It seems many banks won't allow me to use my boardsers income at all on my debt to income ratio?
Are there lenders that will recognize this, and can building a boarder's income history on my tax returns help me with qualifying for loans in the furture?
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We have bought all of our houses through mortgage brokers. They are honestly the best when it come to helping you get loans. I find they are the most flexible and easy to qualify.