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Updated about 5 years ago on . Most recent reply

User Stats

9
Posts
2
Votes
Frederick McCarty
  • New to Real Estate
  • Indianapolis, IN
2
Votes |
9
Posts

Does owner finance payments offset debt to income ratio?

Frederick McCarty
  • New to Real Estate
  • Indianapolis, IN
Posted

I hope this is in the right forum and I hope it's not an ignorant question? When purchasing on terms do owner finance payments help offset seller's debt-to-income ratio when trying to purchase another home? Basically, can it be claimed as "Other Income" by the seller?

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