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Updated about 11 years ago on . Most recent reply

User Stats

5
Posts
1
Votes
Uday Natra
  • Collierville, TN
1
Votes |
5
Posts

Financial requirements for buying a rental property in TN

Uday Natra
  • Collierville, TN
Posted

Hi, I am looking at investing in some rental properties in Memphis, TN. But the lender that I am working with is asking to show 6 months of mortgage payments for my current home and also for the rental property I want to acquire. Is that the norm?

Thanks

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