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WebFeb 20, 2024 · If you have a high amount owed on a credit card, you can make payments to reduce your debt before applying for rental properties. 2. Prepare important paperwork in advance. Gathering the necessary ... WebWhile there’s no one-size-fits-all answer, most guidance is to spend no more than 30 percent of your income on rent. The actual amount of rent you can afford depends on your …
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