[quote=AN][quote=rockingtime]
Also, which bank did you use that allow you to use rental income from a rental that you just acquired w/in a year? The lenders I’ve worked with all said I have to be a landlord at least 2 years before I can use 75% my rental income as income.[/quote]
Ditto. That’s the part I don’t understand because it was to my understanding that wasn’t something that was at the discretion of the bank to make. That was something that was mandated by Freddie/Fannie Mac. So that’s why I assumed that was the case for all loans.
