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Updated almost 8 years ago,
FHA 4-Family Income.
Hey gang,
I thought you'd be the folks to ask a traditional finance question. I just saw there's a 4 family in my marketplace that looks pretty solid but is beyond what I would qualify for if I were to carry the whole thing personally. Do you consider rental income when qualifying an applicant? 75% of the rental income on the other 3 units of property would probably probably qualify me.
Thanks.
Best,
JTM