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Updated 8 months ago,
Question on multi unit financing.
Hey so I’m curious how this works, maybe someone can fill me in. Let’s say I make $4000 a month and am looking at 4 unit properties, to make it simple well say each unit pays $1000 each month. In this case would I qualify for about a $4600 mortgage using 75% of the rent income and 40% of my own income? Thanks !