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347
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25
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Horacio Gutierrez
  • Rental Property Investor
  • Downey, CA
25
Votes |
347
Posts

Apply rental income for loan

Horacio Gutierrez
  • Rental Property Investor
  • Downey, CA
Posted

Hello,

If I was landlord for 10 years ago but I sold my rentals and I wasnt a landlord for 10 years and if I apply for a loan for my new house and rent my home I currently living in can I use that 75% of the rent income to apply towards the debt to income or would I have to rent for 1 year any suggestions?

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