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Updated about 10 years ago on . Most recent reply

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17
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3
Votes
Johnny Nuchols
  • Real Estate Investor
  • Charleston, SC
3
Votes |
17
Posts

Refinancing rehab for long term rental (South Carolina)

Johnny Nuchols
  • Real Estate Investor
  • Charleston, SC
Posted

Does anyone know of any lenders that will use income from rents with less than a year of rental income on property. Most places I'm calling want you to have 2 years of rental income before they will count the income towards your debt/income ratio. I have found a few lenders last year that would count rental income less than a year, but I did not keep a list.

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