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Updated over 1 year ago,
MTM Lease vs 12 Month Lease
Hello BP, I have a property that I'm getting ready to rent out. The main house will be a room-by-room rental and the ADU will be a MTR. My question is: Should I use a MTM lease or a 12 month lease? If I do a monthly lease, will that affect my future financing in terms of using the rental income to qualify for future properties?
Thank you for your time!