Updated about 3 years ago on . Most recent reply
Buying a duplex or triplex
I'm looking to purchase a 2-3 family house in my next purchase. (Probably in about a year). My question is about financing. This will be my last traditional mortgage I will be able to get for now. Do traditional lenders take into account the potential rents when qualifying you for the loan amount ?
Most Popular Reply
If it's going to be lived in by you then you won't. If it's an investment property fully occupied by tenants then yes