All Forum Posts by: Diana Tian

I called up some banks they don't consider future income for qualification. I only owe one: i have high debt income ration already. now try to get another: i need the rental income......do you have any lender you can recomend?

The montly payments difference of these two rates is around $400. At one side, 15 yr will help cummulate more equity. But 30yr will provide more cash flow. This will be my first investment property. I plan to get more. I don't have a specific strategy yet. For now, i am just betting on house value appreciation.  Which one should i choose? 

thanks!!!

my credit scores are good. I talked to two banks they don't take future rental income into  part of income. Do you any banks to recommend? 

This property is in New Jersey. I got this mortgage broker from Realtor's office. Didn't know any other ones.

I need 75% future rent be the income for qualification. Is this rate too high?