Straight Talk About Real Estate

Did you know that if you are purchasing a house and plan on having someone rent a room from you, that rental income can be counted as your income and help you qualify?

Rental income for a room can be any where from $300 to $800 a month, depending on your location and amenities. Adding that amount to your income can make a difference between being able to qualify or not qualify for the mortgage loan.

Check with your lender about the specific requirements.