Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 2 years ago,

User Stats

3
Posts
0
Votes
Chris Huang
0
Votes |
3
Posts

Looking to purchase second property, need advice on different loan/financing options

Chris Huang
Posted

Hello! I am looking for some advice here. I currently have a MF in Massachusetts and I am ready to purchase my second property (SFH). Ideally, I'd like to rent the multi family unit I own, while living in the SFH. What are some different loan options I could use as I do not have enough for 20% down. I believe because I already have a mortgage on the MF it'll impact my debt to income ratio thus making it harder for me to get a mortgage on the SFH, but is there a way to communicate to lenders that I want to use the 'rent' to help pay for mortgage? Any thoughts here? Thank you

Loading replies...