The Motley Fool Discussion Boards

Previous Page

Personal Finances / Buying or Selling a Home


Subject:  Re: Mortgage Date:  8/12/2019  11:22 AM
Author:  CMF-mazske Number:  129250 of 129344

I retired with a pension about 16 months ago. I work PT as well. My wife works FT.

Since my retirement, we have closed on 8 rental units. Some we bought together and some we bought in one or the others name.

We currently have 10 rental units, 4 local and 6 out of state. I just closed on a house last Friday and there's one other I close on in September.

My pension counts towards qualifying for a mortgage. And, some of the rent does as well. We've been basically told that as long as we can get the downpayment, we are going to qualify.

Fool on,

Copyright 1996-2020 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us