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Updated over 9 years ago on . Most recent reply

Eric La Pratt's profile image
Eric La Pratt's profile image
Eric La Pratt
  • Investor
  • from Chicago, IL
  • Member since Jun 30, 2015
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Eric La Pratt's profile image
Eric La Pratt's profile image
Eric La Pratt
  • Investor
  • from Chicago, IL
  • Member since Jun 30, 2015
Connect
Eric La Pratt
  • Investor
  • Chicago, IL
67
Votes |
166
Posts
Private Lending & Conventional Mortgage Advice

Future Rental Income for DTI on Mortgage?

Eric La Pratt
  • Investor
  • Chicago, IL
Posted

Hey all,

Can I use the income generated from a property I am interested in purchasing to help qualify for financing on it? I'm interested in getting a multi-family and occupying one but don't see that happening on a conventional mortgage (FHA or otherwise) in Chicago based on my current wages.

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