Feb 15 2022, 06:36 AM
QUOTE(sykoray @ Feb 14 2022, 09:37 PM)
Hi,
Newbie to investing in student rentals. Potentially getting a property with positive cash flow but I'm worried if banks will recognize the income from room rentals? Will multiple room tenancy agreements per property be acceptable?
Idea is to get this property with positive cash flow so I can continue to get loan for my next property purchase.
Other than a TA, they also look into lhdn records and bank statement.Newbie to investing in student rentals. Potentially getting a property with positive cash flow but I'm worried if banks will recognize the income from room rentals? Will multiple room tenancy agreements per property be acceptable?
Idea is to get this property with positive cash flow so I can continue to get loan for my next property purchase.
This post has been edited by mini orchard: Feb 15 2022, 08:08 AM
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