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 about 4 years ago,

User Stats

3
Posts
6
Votes
Sean October
  • Investor
  • Fort Lauderdale
6
Votes |
3
Posts

Rental Lease for Mortgage Application

Sean October
  • Investor
  • Fort Lauderdale
Posted

Hi, Everyone this is my first post but wont be my last. So happy to be apart of the bigger pocket family. 

So question, I currently house hack and have 2 formal rental leases for my current home. I am in the process of buying a duplex in the Fort Lauderdale, FL area and mortgage broker is asking for an annual lease agreement for my current home that I house hack. Will the month-to-month leases I have in place suffice if I net an excess amount over my mortgage payment. Basically my mortgage (P&I, Insurance, and Property Taxes) equal $1,350 and I collect $1,700 month-to-month with my house hack. Would love you guys feed back on this. My ultimate goal is to move out of my current home then fully rent it out and move into the duplex for another house hack.  

Loading replies...