Rental income to qualify for mortgage

Using Rental Properties Income to Qualify for a Mortgage

CNN Money reported this week that some homeowners are becoming landlords. Why? Many homebuyers in Virginia Beach, Norfolk and Chesapeake, have a low interest rate on their mortgage, which makes it attractive to keep the property (as rental/investment) for additional income.  Depending on the loan program and investor requirements, both housing payments (investment and proposed primary Read more about Using Rental Properties Income to Qualify for a Mortgage[…]