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Updated over 3 years ago,
How can I make this deal happen?
I’m looking at a 4 unit townhome in Tampa, Fl. Total cost is 800-900k. My income is 110-150 a year. Downpayment 50k.
How does projected rent work into a mortgage loan for a property like this? I would live in one and rent the other 3.
I believe the other 3 units can rent for up to 2,400 each.
Is this deal attainable with my current situation or am I in over my head.
Thanks in advance,