keeping in mind most lenders factor rental income at .75(rent)
Rustico, at one point in time I read in a real estate investment book (I think by Bob Irwin) that lenders factor rental income at 0.90 (rent). The 10% is for vacancy & maintenance.
Is the 25% (i.e. 0.75) a recent change (i.e. less than 5 years) ? Or my memory did not serve me correctly ?
