[quote=earlyretirement]
One thing I forgot to mention in my post is the broker told me that if you put 25% vs. 20% or less the 0.75% premium for a condo goes away. So I thought that was interesting.
[/quote]

Really? That wasn’t the case for me… But let me look into it.

[quote]
SD Realtor, he also said that they will count 75% of the rental income towards the ratio. How do they come up with the actual potential rental prices?

I assume they just do a median estimate of rental prices based on the comps in the area? Is this the actual median prices based on what is currently on the market or does the inspector solely determine this?

I was just curious about that part.

Thanks again.[/quote]

I believe the caveat though is you must have been a landlord I think for the past 2 years. And you need to provide 1-2 years worth of tax returns to prove your rental income.
If you haven’t been a landlord for an established period of time, even if you have a rental income right now, it won’t count I believe.