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Are you dreaming of owning multiple rental properties, but your salary just doesn't seem to cut it? What if we told you that there's a lending hack that can help you qualify for more rental properties than you thought possible, even with just an average salary?

It's called "future rents," and it's a game-changer for real estate investors. Here's how it works: lenders can use 75% of your projected future rental income to add to your monthly income, increasing your overall borrowing power.

For example, let's say you currently make $50,000 a year and want to buy a $500,000 rental property. Traditionally, lenders would look at your income and debt-to-income ratio to determine if you can afford the mortgage payments. However, with the future rents hack, you can include the expected rental income from the property, which could be $2,500 a month or $30,000 a year.

Using the future rents hack, lenders can add 75% of that $30,000, or $22,500, to your annual income. Suddenly, you're no longer a $50,000 a year earner, but a $72,500 a year earner in the eyes of the lender. With that increased income, you may be able to qualify for the mortgage and purchase the rental property.

But wait, there's more. If you plan on purchasing multiple rental properties, you can use the future rents hack on each property to increase your overall borrowing power. With more properties, you can generate even more future rental income, further boosting your borrowing power.

Of course, there are some caveats to the future rents hack. For one, lenders will only consider future rents if you can show a history of rental income from other properties. This means that if you're a first-time real estate investor, you may not be able to use future rents to your advantage.

Additionally, lenders will use a "vacancy rate" when calculating future rents, which accounts for the possibility that your property may be vacant for some time. This means that the projected rental income may be lower than what you actually receive, so it's important to factor in this risk when making your calculations.

Overall, the future rents hack is a powerful tool for real estate investors looking to maximize their borrowing power and purchase multiple rental properties. By using 75% of your projected future rental income, lenders can help you qualify for more properties than you ever thought possible, even with just an average salary. So if you're looking to build your real estate portfolio, it's worth exploring the future rents hack to see how it can help you achieve your goals.