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Updated about 6 years ago on . Most recent reply

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11
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2
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Paul D.
  • Milford, CT
2
Votes |
11
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Mortgage Question, moving from duplex to single family

Paul D.
  • Milford, CT
Posted

Hello everyone, here is my situation.

I currently live in 1 unit of a 2 family home that I own.  I also own a single family home and a condo that both have a good rental history.

I want to buy a single family home to move into.  Can I use future estimated income for the unit that I'm currently living in to help qualify for my next mortgage?

Thanks for your help!

Most Popular Reply

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Andrew Postell
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Lender
  • Fort Worth, TX
6,316
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7,926
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Andrew Postell
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Lender
  • Fort Worth, TX
Replied

@Paul D. the above answer will change very drastically if you are trying to get an FHA loan while already having a current FHA loan. If you could let us know what loan types as I mentioned previously that would be significantly helpful.

  • Andrew Postell
  • Loading replies...