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Rent vs Buy in 34759 : Real Estate Advice

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Activity 1
Tue Jul 16, 2013
John Juarez answered:
Are you the payer or the recipient?

If the recipient, it is income. Can you document that payments are being made regularly? How long will the payments continue? Do you have an order stipulating the amount and length of time for the payments?

If the payer, it is a debt and will be considered in your debt to income ratio.
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