Lender Approval for Rental Income

[Casey Murray]

Hi BP. I have a fourplex with the mortgage and title in my name but my brother and I are 50/50 partners on everything (cash flow, capital contributions, etc.). That being said, the plan is for each of us to report the rental income 50/50 on our taxes. When my brother goes to qualify for another mortgage in the future, will the lender have any issue with him reporting the rental income even though he's not on the loan or has title to the property? Thanks in advance!