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Updated about 6 years ago,
FHA debt to income To qualify
My cousin live in Baltimore Maryland She wants to buy a 4 unit property using a FHA She's afraid that she might not qualify because off Her debt to income Can the bank use the projected income from the rental properties to bring her debt to income so she can qualify . sample she only qualify for a $120000 for a single house. Is she trying to buy a $300000 house with 4 unit can the bank use the project the income from the rental units in order for her to qualify? I think she can but I'm not sure I don't wanna give her misleading information