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Updated over 4 years ago on . Most recent reply

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Horacio Gutierrez
  • Rental Property Investor
  • Downey, CA
25
Votes |
347
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Applying 75% of rental income to debt to incomr

Horacio Gutierrez
  • Rental Property Investor
  • Downey, CA
Posted

Hello,

If you buy you first rental property with a conventional loan can use the estimated rental income to use that 75% income to.use for the debt to income ratio ratio. Also I have never had landlord experience but I do my primary residence.

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Eric James
  • Investor
  • Malakoff, TX
2,525
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Eric James
  • Investor
  • Malakoff, TX
Replied

Banks will commonly not count rent income until you have a couple years experience.

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