Purchasing a multi-unit property with the intent to live in one unit and rent out the others is a great option for some homebuyers. If you are a first-time homebuyer and thinking about purchasing a 2–4-unit property, there are some details you may need to know first! Contact me and let’s discuss your situation.
Related Article Title: Using Rental Income on a 2 Unit as First Time Homebuyers Question: My client is a first-time homebuyer with great credit, but no history of receiving rental income or property management experience. Are we able to use rental income for the second unit to qualify? MC Chart – Rental Income Answer: It […]