Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 9 years ago on . Most recent reply

User Stats

7
Posts
0
Votes
Tripp Wylie
Pro Member
  • Flipper/Rehabber
  • Greenville SC (greenville, sc)
0
Votes |
7
Posts

buying third property

Tripp Wylie
Pro Member
  • Flipper/Rehabber
  • Greenville SC (greenville, sc)
Posted

New to Bigger Pockets and excited about what I've seen and read so far.  

I currently have two properties.  One is listed as my primary residence because I lived there for a few years but now I rent it out to tenants.  I also bought a second home because I thought I was changing jobs and moving.  However, a different opportunity fell in my lap and I'll be in a different city and looking to buy and make it my primary residence.

My question is this: if i have the two properties mentioned above rented out does the bank waive those mortgage payments so they don't count against my debt to income ratio?  Do I have to showed signed leases?  Have tax returns? etc?

  • Tripp Wylie
  • Loading replies...