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Updated about 8 years ago,
2 years REI experience before rental income is considered?
I hear lenders have a requirement that you must have 2 years as a landlord before rental income can be considered for additional non-owner occupant loans. I assume they ask for proof of rents ie rent receipts.
Can I chip away at this requirement now by renting some space in my current place, say a room? Or is that not enough to meet the criteria?