Posted by Ed Garcia on September 20, 2001 at 10:20:51:
4, maybe, the others, NO…
However, remember Fred, the rules of figuring debt service changes once you go into multiple units.
Keep in mind when dealing in multiple units, you’re buying an income stream. They’ll be looking at a 1.2 debt coverage ratio rather then figuring it into your personal budget. At this point you are a secondary source of repayment.