Updated almost 9 years ago on . Most recent reply
2 years REI experience before rental income is considered?
I hear lenders have a requirement that you must have 2 years as a landlord before rental income can be considered for additional non-owner occupant loans. I assume they ask for proof of rents ie rent receipts.
Can I chip away at this requirement now by renting some space in my current place, say a room? Or is that not enough to meet the criteria?