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Updated about 11 years ago, 11/15/2013

User Stats

120
Posts
15
Votes
Mike Wallace
  • Metro Detroit, MI
15
Votes |
120
Posts

Help me understand the approval process of a multi fam loan

Mike Wallace
  • Metro Detroit, MI
Posted

I own a 4plex and want to move up to a 10+ unit building.

I have great credit and 2 years professionally prepared tax returns earning 75k+

Can the expected revenue of the property that I want to purchase be calculated into the debt to income % to qualify for the loan?

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