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All Forum Posts by: Quincy Baker

Quincy Baker has started 1 posts and replied 2 times.

I am building a portfolio of Arbitrage properties via commercial leasing through my real estate investment C-Corp. To diversify into real wealth I am looking to purchase a four-plex to be owned by the corporation. When a corporation such as mine purchases a four-plex:

(1) Does the lender still allow 75% of projected rent value as a credit towards down payment?

(2) How does the lender determine the projected rental income?

(3) If I intend on short-term renting each unit instead of long/term renting them will the lender still allow a credit, if so how much, and how is the credit then calculated?

Thanks BB