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Mortgage Professor about rental apartment buildings: | |||||||||||||||||||||||
The Hazards of Co-Signing
April 8, 2004 "I co-signed a loan for my brother-in-law who has since left my sister and has stopped paying the note?The lender is now after me to pay. How can I get out of this?" "In a week moment I agreed to help a friend get a mortgage by co-signing his ... more... Can Rental Income Help You Qualify For a Mortgage? February 28, 2000 "I am looking to buy a property that I will occupy part of the year. The rest of the time it will be rented out for a guaranteed amount. Will the lender include the rental income in qualifying me for a loan?" Yes, the lender will include some of ... more... |
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rental apartment buildings related definitions |
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Investment Property
Investment Property A property purchased for the sole purpose of earning a return on the investment, either in the form of rent or capital gain, and not intended for owner occupancy. Examples : apartment buildings, office buildings, mobile home parks and shopping ... more... Section 8 Housing Section 8 Housing The Section 8 program began during the Great Depression to increase the housing choices available to very low-income households by making privately-owned rental housing affordable to them. It provides rent subsidies, either rental certificates or vouchers, on ... more... |
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