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Updated about 9 years ago,
2 Unit Property Too Expensive ?
I planning to buy a property that is out of my monthly price range by about 1500 to 1700. I plan on buying the property with a VA loan but the issue is the what ifs...if I rent the home out for 1500 to 1700 I'll be perfect but what if the banks don't take into the account I'm renting one of the units out. How have you all corrected this situation? If it goes as planned and the unit gets rented I'll be getting great cash flow...but if not i could be making a terrible error for myself and family. Tips?