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Updated about 1 year ago on . Most recent reply
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99% of lenders CANT give you a straight answer
When applying for a loan on an investment property… some lenders say I need a lease signed (for proof of revenue) to qualify, others say I don’t “necessarily”. It seems it is a gray area to the 7 lenders I asked. Can you clear this up in detail: Loan qualification WITH and WITHOUT a signed lease agreement. And the possible Debt to Income ratio.