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| | » How must look agreement on lease?How must look agreement on lease?Topic: Rental property Please provide us with your opinion on this article: |
Manahilit depends on ecxtaly how long ago you purchased your current home. FNMA (Fannie Mae) will acknowledge you purchase of the existing home, and in some states it must be over a year ago. Also, most Lenders will require a Comp Rent Schedule on the current home, as well as you would have to have 30% Equity in your current home in order to use if as a rental home with rental income. Maybe you can carry both payments. I work in the industry and it really is different state by state. Good Luck Read all comments: 1 |
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