My boyfriend and I are thinking about getting a house. His credit score is bad but mine is good, so I want to try borrowing on my income/credit alone. Since he will be living in the house with me, and paying "rent", can I use his future rent payments to get a bigger mortgage? If so, will I have to claim his "rent" payments to me as income for tax purposes? I thought about doing a stated income loan for this, but I don't have the income yet and I don't want to get into anything shady.
2007-01-02
20:05:35
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5 answers
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asked by
bug m
2