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Financing in South San Francisco : Real Estate Advice

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Activity 3
Fri May 29, 2015
answered:
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Fri Dec 17, 2010
Rudy McDowell answered:
Hi, Raymondx. The mortgage on your condo will still be applied against your income. Second, since you don't have a 2 year history of rent collected on the condo showing on your 08 & 09 tax returns, you will not be able to use that rent as income. If you still earn enough from your employment to qualify with the first and w/o the latter, income wise you should be find. ... more
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