I work with a lender that allows that as long as we can document some explanation that the borrower doesnt plan on occupying the home as a primary residence.

These allrequire applicants to submit an acceptable Letter of Explanation addressing each specific issue and occurrence.Rental HistoryBecause a current landlord may say anything to get rid of a bad tenant out of desperation, we also requireinformation for the previous landlord of all applicants.

Thanks to everyone for the explanation.

I’d let him know that what he did was outrageous and demand an explanation for why he’d start a job without everything in writing.

So good explanation!!

All very rational and logical explanations, but all very wrong in my opinion.

However, I recently discovered that I'm missing about one-third of the rental income, and no explanation was provided. ( Actually, I just checked my account to get money: 10/2 $500, 10/17$700, 10/28$500).Originally, I understood that the management fee would be 10% of the rental income.

This is another perfect explanation. 

A VA loan is rock solid and it has to be presented the right way, with an explanation of why you are entitled to use a zero down loan because of your service.

Here is a brief explanation on how to do it.