Category: housing

Buyer: What income restrictions are there? 
Seller: Income restriction is that you must make at 3x the amount of monthly rent. This must be verifiable. 
Buyer: I see. that's not a problem. Still the price is bit high. how about this? I sign a 1 year lease, at 2400 a month. that's already  more than 28K a year
Seller: I would need an additional six months added to your lease to go that low. We have free childcare through the YMCA and all utilities are included. If you still wanted a 12 month lease the lowest I could go is 2600 a month
Buyer: Tell you what? I'll do you one even better. let's do a 2 year lease. I'm not planning on moving anytiem soon. and you won't have to worry about finding a new tenant next year. we do 2 years at 2400 a month. deal? 
Seller: Sounds fair. Deal.