THUMB TEXT: Sell or Rent?
In this episode of the HyperFast Mortgage Blitz, Dustin Brown and host Dan Lesniak are going to talk about how to become a real estate investor by buying your second home. 🏠➕🏠
Worried you won’t qualify? We’ll share a great strategy for offsetting your debt-to-income ratio. It’s a great first step toward building rental income and building wealth.
“We had a client, she was living in her family’s house… And she wanted something bigger, and she didn’t want to sell it. But, you know, she didn’t have enough income to qualify for both mortgages. What you can do with certain types of loan programs is you can put a lease in place while you’re still living there… And then with that lease, you can use 75% of that rental income as rental income. Right? So you can use that to offset the mortgage that you have on it in your debt to income ratio…” – Dustin Brown, HyperFast Mortgage
If you’re a home buyer or a buyer agent and want to learn more, visit 👉hyperfastmortgage.com – Dustin Brown will take great care of you
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