<prompt> Human: Hi all. I bought a townhome about 3 years ago. As things worked out I met someone that lives 45 minutes away in perfect traffic, we have to take the beltway to see each other and we want to buy in a year or so. I want to keep my place and rent it out. Does putting me on the new home loan impact the approval in any way? Like is it good that I have some equity and its another income, or is it bad that I have another debt?  <response>: It will impact your debt to income ratio, and depending on the situation your new mortgage lender may or many not account for rental income from that property into the equation. Personally, I would just sell your current house rather than try to hold onto it as a rental, particularly if you arent making a ton of money where you can easily cover two mortgage payments and still have plenty left for investing and other financial goals. 