Hi Everyone -I am trying to locate a mortgage company that will count rental income toward my income when I am being approved for a mortgage. 

Likewise, it's important that we work with banks that count that rental income immediately (if you are seeking to buy and hold).Below are the questions I recommend asking your lender about if you are seeking to buy and hold. 

Count it as a lesson.

Market research (ie: you spending time on BP) counts.

@Josh Boyd A realtor should be able to give you a good idea.Appraisers will look at properties that have already sold recently, so you'll want to stay away from active listings.Characteristics such as SF, bd/br count, and proximity to the subject property should also be looked at.

I did not count HELOC as cash invested since I deducted the I/O from my cash flowRefinanceARV: Appraisal was for 500k (lmao) but should be more like ~400-425k IMO. 450k at most.Refinance Loan Terms: 5.625% interest rate fixed for 5 yrs, 25 yr am, $332,423 loan - $2562/mo PITI, wiped out HELOC costsAll in costs: $302,500 (purchase) + $6296 (closing costs) + $50,270 (reno) + $5257 (refi costs) = $364,323.

Would those rooms count as individual units?

I also suggested that they reserve one or two of the round tables at the lunches for us BP folks to sit together and they are all in for this as wellSo...........if you plan to attend, please post here so we can gather a head count for badges and lunch.

An adult counts as 2 pts and a child 0-18 counts as 1 point.

I count 5 times on this thread that you were called “Alex”.