It may or may not show on a credit report, depends on the servicing and you should have the loan serviced.Failure to include the debt on a future loan application is mortgage fraud, wanna go to jail?

Hello BiggerPockets community!

Mortgage lenders will qualify you for a higher purchase amount for multis than they would on a single, because they will count the rent you will be making on the other units as additional qualifying income for your loan application.

@Jacob CampbellHi Jacob, and welcome to the community. 

If you have a few single family rental homes and are looking for a way to streamline leases, applications and rents, maybe rentredi is the right solution, but if you have a multi unit property or any serious management needs, look elsewhere. 

I am going to take the risk but will absolutely let the community know about my experience.

Hi Vivien, welcome to the community!

Quote from @Dave Bobka: Excited to be joining this community!

Thanks, Tiffany Palaskas  In my experience, one of my biggest regrets were selling a great cash flowing property in a college community.

I financed this property using down payment funds from 403B and a local commercial bank. 15% down from personal funds. 85% down from community commercial bank. 3yr balloon, 20yr amortization, 7% interest rate.