Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago on . Most recent reply

User Stats

10
Posts
7
Votes
Mike Berube
7
Votes |
10
Posts

Using Rental income to qualify for mortgage after 1 year?

Mike Berube
Posted

Hello everyone,

I am have been renting out a single family residence for $1425 and have a PITI payment of $998 (I used to live in it), I am applying for a mortgage on a second property and they won't count any of my rental income because I don't have 2 years of tax returns...I've only been renting it out for one year. Is there any way to get this counted? Are there some lenders that will count it with one year of tax returns and a current lease or something?

Thank you,

Mike

Loading replies...