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Updated over 3 years ago,

User Stats

8
Posts
4
Votes
Lorenzo Dudley
  • Rental Property Investor
  • Orem, UT
4
Votes |
8
Posts

Looking to buy my second house hack

Lorenzo Dudley
  • Rental Property Investor
  • Orem, UT
Posted

I am a newbie real estate investor in the Utah. I bought a single family home with and ADU basement about a year again my wife and I live in the basement and rent the upstairs and we are currently living mortgage free. My question is we want to purchase a 4plex with in the next year or so but I am afraid our debt to income isn't going to be enough for a second home. What action do I need to take to prove that my house is being paid by tenants? Is two years of payment enough?

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