Rental Income Only - no w2

[Garmeon Y.]

Do you still qualify for bank loans if your income is solely passive rental income, but no w2 income?

[Nicholas W.]

I am by no means an expert have a good understanding of lending practices. 

If you have no w2 or self employment income a lender will probably look to your schedule E tax filings and use any profit as income to qualify you for a loan. If you happen to be in a position where your rentals are your sole source of income you are not likely applying for conventional mortgages because you have too many already or are dealing with larger multifamily properties. In that case you're into commercial financing where lenders aren't nearly as concerned with your personal income and much more concerned with the asset in question.