Will banks recognize income from room rentals, Room Rental Income
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 Feb 14 2022, 09:37 PM, updated 4y ago
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#1
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Newbie
3 posts Joined: Aug 2011  
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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. |
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Feb 14 2022, 10:29 PM
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#2
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Newbie
3 posts Joined: Aug 2011
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QUOTE(MrBaba @ Feb 14 2022, 10:01 PM) Some bank yes some don't depend on bank one. Don't over leverage if stock market crush pretty sure u will get hit hard. Thanks for the response. Fully noted on your concern but I am fairly comfortable with this investment. STill have enough backup cash and disposable income to manage the installments without rental.  I've bought and sold several investment properties before but never dabbled in room rental types. |
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