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Updated over 2 years ago,

Benjamin Furney's profile image
Benjamin Furney's profile image
Benjamin Furney
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  • Member since Nov 17, 2020
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Benjamin Furney's profile image
Benjamin Furney's profile image
Benjamin Furney
Pro Member
  • Member since Nov 17, 2020
Connect
Benjamin Furney
Pro Member
17
Votes |
17
Posts
Multi-Family and Apartment Investing

Are banks more flexible with mortages if its a multifamily?

Benjamin Furney
Pro Member
Posted

When applying for a mortgage and the banks look at someones income, they will give a mortgage estimation of what someone can afford. What happens if the property is a duplex though? Does the bank take into account that the other side will be rented out, thus bringing income?

  • Benjamin Furney
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