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Updated almost 6 years ago on .

Mitchell A Brown's profile image
Mitchell A Brown's profile image
Mitchell A Brown
  • Member since May 10, 2019
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Mitchell A Brown's profile image
Mitchell A Brown's profile image
Mitchell A Brown
  • Member since May 10, 2019
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Mitchell A Brown
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Creative Real Estate Financing

Question about Rental income going towards mortgage

Mitchell A Brown
Posted

I have been looking into buying a 4 family and my question is when getting a mortgage I was told they can use 75% of the rental income towards your mortgage (when getting approved).

My plan would be live in one unit and rent out the others. My question is- is it the 75% out of 3 units, or all 4?

I would be doing FHA.

- Mitch

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