DocPC Posted May 23, 2004 Report Share Posted May 23, 2004 My friend is interested in a property that has a main house and a studio apt. behind it. If she rents the studio out, is that considered income? This is an FSBO buy and she is very interested as the main house is awesome, in a great part of town and is only $79,900 with 5k down. Haven't got the particulars yet (%, etc) but she is all over it.Anyone? Link to comment Share on other sites More sharing options...
Allie Mae Posted May 23, 2004 Report Share Posted May 23, 2004 You can usually consider 75% of the rent as income. The rest is assumed for vacancy, repairs, erc. Link to comment Share on other sites More sharing options...
DocPC Posted May 23, 2004 Author Report Share Posted May 23, 2004 Thank you. Link to comment Share on other sites More sharing options...
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