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Updated almost 5 years ago,
Do lenders ever consider income from a house-hack property?
Hi BP,
I am looking to purchase a 2-4 unit multi in St. Louis to househack. I have a good deal of cash and I will probably be putting down ~80%, but my income will be limited for the next few years ($30k/yr).
Do lenders ever consider the future rents that will come from the other units of the property? Any thoughts/advice here would be much appreciated!
-Eli