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Updated over 10 years ago,
VA home loan multi unit property management Alaska
I'm sure I could ask each lender this question and I would probably get many different answers. My question concerns VA home loans on multi unit properties. My understanding is that a borrower may count 75% of the rental income of the property toward their DTI ratio. However, it is also my understating that the lender will require the borrower to have 2 years of property management experience in order to qualify for this benefit. So, does anyone know as a general rule what evidence lenders will require to qualify the borrower as having 2 years of property management experience?