Does rental income help a buyer qualify for a mortgage on a Folly Beach multi-family?

Rental income from a Folly Beach multi-family can help a buyer qualify for a mortgage, but lenders only count a portion of that income and usually require a lease or an appraiser's rent schedule before crediting it at all. Folly Beach's flood insurance and higher price band also affect how much of that income actually helps the debt-to-income calculation. A local lender can confirm exactly how much counts for a specific Folly Beach property.