Guest Big Don Report post Posted August 5, 2004 Hi guys, Here is the question I have. My seller wants to purchase a new house. Does she have to have income to support 2 mortgages. If so, how to you show the lender that she is receiving rental payments from the lease option? Share this post Link to post Share on other sites
Kimberly 0 Report post Posted August 5, 2004 IF she has good credit and a valid lease, she shouldn't have a problem getting a mortgage on her new home. Share this post Link to post Share on other sites
jesse 0 Report post Posted August 8, 2004 If the seller has a copy of the lease agreement and the rent is enough to cover the mortgage payments. that won't count against her. I loans for investors all the time that have rental properties. Jesse Share this post Link to post Share on other sites
Guest Big Don Report post Posted August 11, 2004 Thanks !!!!!!!! Share this post Link to post Share on other sites
