The lender will only count the guaranteed income stream in the primary term for loan purposes and risk.If this is a national chain and rent goes up 2% a year but goes up in 3 year blocks at 6% a time then it's not that big of a deal.

Thanks George, you're right on all counts.

For real estate investors who are building up to do their first rehab projects, don’t forget to add up all of the costs before you calculate your profits. Too often, the classes that teach you how to make money “flipp...

Account Closed  you have a legacy and a pettigree so you don't count :)  once you have the funds to transact you don't need the out going personality and the intro will probably do better in the long run counting the beans   LOL>..

With that being said, I wouldn't count a condo out if it cash flows and gets your desired CoC return.  

@Emily McCabe - They can count it and they will use the average of the most recent two years tax returns.  

, etc, but if your mom is getting jammed up because she has income that isn't checking the right boxes to be "counted," it's an option. - As a last resort if she is truly in dire financial straits, reverse mortgages can have a line of credit component.

Look at some of the post counts.

I have not seen a specific adjustment for basement, unless you have finished space not included in the SF.When you say your house is the same size and room counts, are you counting the basement?

For the purpose of this section a person under two years of age shall not be counted as an occupant.The standards set in Chicago by the building code are quite high.