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Ryein Goddard
  • Real Estate Investor
  • Callahan, FL
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2nd rental income and how to calculate

Ryein Goddard
  • Real Estate Investor
  • Callahan, FL
Posted Feb 20 2017, 09:11

I am working on getting my second rental ready that I am currently living in.  I want to be able to move out of this home and get another.  In July my first rental will have 2 years of tax returns.

Does my first homes rental experience also mean I could potentially add my second rental's income to my income when calculating debt to income ratio for a conventional home loan on my 3rd property I plan on living in even though I have only owned it for one year and haven't had it rented yet?

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