If I have a treaty, my friend pay me $ 1000 per month, this increase my mortgage limits?
Right now I have been previously approved for a home under me with my own income. Would I be able to qualify more if I have a contract with my friend and recreate it in writing and agrees to pay me $ 1000 per month? For me, I see it as the same as for a job, because in this one point, but who knows if I ever lose my job. If my friend were always placed out then it would not be able to pay more. Anyone have any advice? Would it be in the category “other income” set