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Updated almost 2 years ago,

Jose F Castillo's profile image
Jose F Castillo's profile image
Jose F Castillo
  • Member since Jan 8, 2023
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Jose F Castillo's profile image
Jose F Castillo's profile image
Jose F Castillo
  • Member since Jan 8, 2023
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Jose F Castillo
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Need advice trying to buy my first property

Jose F Castillo
Posted

Im trying to buy a triplex, i have the right income, the right savings but i was told that for a 3 family house the bank calculate the rent of the 3 unit and multiply it for 75% than if the amount is less then the mortgage the bank will not give me the loan… is that really how it works? I live in mount vernon,NY.

New York City, New York
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