Lenders who will count rental income for my next house hack

5 Replies

Hey BP community,

Ive been claiming the rental income of my current house hack on my taxes,as we all should. I'd like to know what a potential lender would like to see in order to count this income along with my W2 income for my DTI.

I am in Houston,Tx.

also recommendations to local guys would also be appreciated!

any advice? 

@Michael B. - I've never had any issues counting rental income towards my DTI, as long as I've had a signed lease - no 2 year period needed.

For my SFRs (like @Craig Curelop mentioned), my lenders have traditionally taken 75% of the gross monthly rents. I'm not sure about house hacking income. 

Best of luck!