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Updated almost 2 years ago,
First Rental Property
Hello,
I am wanting to move out of my current home and rent it out. I plan on purchasing on a new home with a new mortgage.
My question is... am I allowed to use potential future rental income from my current home so I can qualify for another mortgage? The area is nice and there are tons of rentals already so I have a very good idea of the market rent.
Thanks!