When a property is not tenanted and therefore not earning income for the owner. This is one of the reasons Lenders want Borrowers want the projected Rental Income, or the actual Rental Income received to be in excess of the Mortgage payments.
When a property is not tenanted and therefore not earning income for the owner. This is one of the reasons Lenders want Borrowers want the projected Rental Income, or the actual Rental Income received to be in excess of the Mortgage payments.