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Updated over 1 year ago,
Sub 2 Docs for that go to Lender
So, I have multiple Sub2 Properties, but I have noticed that later down the road the Seller (Mortgage Holder) wants to obtain a new loan to purchase another property and needs a letter or document showing that we are now paying the mortgage in order to prevent the mortgage from counting against their debt-to-income ratio. Does anyone have a template or letter that they have drafted to address a situation similar to this?