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Updated almost 9 years ago,

User Stats

30
Posts
6
Votes
Navya Rajput
  • Westborough, MA
6
Votes |
30
Posts

lender's deal

Navya Rajput
  • Westborough, MA
Posted

Hi all

I am currently looking for MFH in Greater Boston area and I am in talks with a lender. I have not talked to too many lenders. But she told me that for MFHs they collect 75% of the rent the property can generate which includes the mortgage payments per month. Is it common for lenders to ask for a share in rent? Can anyone please put me in contact with some lenders? 

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