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Updated almost 4 years ago on . Most recent reply

Algie Horton's profile image
Algie Horton's profile image
Algie Horton
  • Member since Aug 1, 2020
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Algie Horton's profile image
Algie Horton's profile image
Algie Horton
  • Member since Aug 1, 2020
Connect
Algie Horton
1
Votes |
5
Posts
General Landlording & Rental Properties

Should I have a formal lease?

Algie Horton
Posted

I am buying a house and some friends will be living with me. I intend to buy an investment property later and they will probably move into that house as tenants. Should I have them sign a formal lease? And will that help my chances of getting approved for a mortgage for the investment property?

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