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Updated almost 9 years ago on . Most recent reply

Jacob Hart's profile image
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Jacob Hart
  • Member since Dec 7, 2015
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Jacob Hart's profile image
Jacob Hart's profile image
Jacob Hart
  • Member since Dec 7, 2015
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Jacob Hart
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Buying & Selling Real Estate

Buying a rental w/ lease in place

Jacob Hart
Posted
I'm looking to buy my first rental property off of a family member it's fully remodeled and already has a lease in place. I know debt to income is going to play a large factor in getting approved so was wondering if the lender will count the future rental income into that calculation to make the DTI better, since there is a lease in place. Thanks for the feedback!!!
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