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Updated over 1 year ago,
Using property income towards income for loan approval
How can the broker add my prospective property income to my DTI?
I have enough for a downpayment, good credit, and no debt but my income is too low. I understood I could use 75% of the other units' rent to make up for that but, I am being told I need to have 2 years of landlord. Will any lenders look past the landlord and look at the actual number?