Not all rental income is calculated the same, and borrowers who own rental properties may not even be self-employed!
Take 60 minutes and explore these different rental income situations:
- Using rental income from a primary 2- to 4-unit residence
- Calculating rental cash flow from tax returns (Schedule E) for investment properties owned personally
- Building qualifying income when the borrower has business income from investment properties
- Cash flow rental property using a lease and a vacancy factor
- Additional considerations when subject property generates rental cash flow