Lender's rules have changed for rental income?

[N/A N/A]

After aquiring my first rental property & rehabbing it, I just got it rented & am ready to refinance it. My lender just informed me that the rules regarding rental income had recently changed, and unless I have a 'rental history', I would not be allowed to show the rental income as additional income.

Anybody else heard of this? I had planned on purchasing another invest prop soon, but don't know if I will be able to now if I am not allowed to show that the payment for my rental not only is covered by my tenant, but I have a positive cash flow.

This seems like a big problem for beginning investors, as most of us don't have the money to pay cash for properties.