Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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.
House Hacking
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 9 months ago on . Most recent reply

User Stats

8
Posts
7
Votes
Kiley Harris
7
Votes |
8
Posts

House Hack Lease for Next Mortgage Approval?

Kiley Harris
Posted

Hello!

I am currently renting out rooms to friends (all moving in/out at different times) and need to get a lease together.

When I buy my next primary, I want to be able to use my current rental income to get approved for another mortgage.

What kind of lease do I need now in order to make sure the above can happen? Ex - do I need a lease for each room or whole house lease (but what happens when some move out earlier than others) or?? 

Loading replies...