This doesnt really apply to 1-4 unit lending unless if its a local or portfolio lender however mostly applicable to 5+ multi family, commercial, and business lending. 5 C's of lending Character (integrity), Capacity(cash flow or ability to service debt), Collateral (equity in property to secure debt), Capital (networth), and Conditions (economy, and external factors)

I'm sure I could come up with an adjusted rent that's reasonable if three tenants are indeed living there.Bigger concern is character and the deception/misleading application.

., it just gives your profile a little more character and personality :)Post any questions you may have.

You can always tell the character of a person by how he treats those who can do nothing for them.

I'm quite the opposite of the character.

I don't want to ruin the character of the house.

I say put the kids to work, builds character!

Daniel NieldDave Seymour is a character.

His character got me interested in money and every thing else was self taught reading books and going to seminars.

There are a ton of slick characters in restoration business that lowball their initial quote and then cut corners, work very slowly and/or pad the bill.