Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
New Member Introductions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago,

User Stats

5
Posts
0
Votes
Reggie Laxamana
  • Rental Property Investor
  • Dallas, TX
0
Votes |
5
Posts

Using future rental income to obtain high loan amount.

Reggie Laxamana
  • Rental Property Investor
  • Dallas, TX
Posted

Hello, I am buying my next property by the end of this year 2019. We don't have much income around (95k after tax). 

My question is in order to obtain a high loan amount aside from have a good debt to income ratio and credit score...

Am I able to add future rental income from house hacking the house I'm applying for to obtain a high loan amount. We're trying to get a duplex however I'm afraid we don't make enough income to obtain at least 400-500k for a duplex here in Dallas, Texas. If we can't get a duplex we will just house hack a Single family home. I've asked several agents and lenders so far and they have not been able to get me a straight answer. Thanks in advance for all the support. 

Loading replies...