Using rental income to qualify for FHA LoanCan I use my rental income from my current owner-occupied 4-unit (income from other 3 units) to qualify for a FHA loan on a new primary home? My lender is telling me that I need a 75% LTV in order to use the income (Buy and Bail Guidelines). It is my understanding that the Buy and Bail Guidelines only apply if you are vacating a single unit and renting it out. However, I've lived in my 4-unit for 11 years and and can show tax returns for all 11 years showing my rental income on the other 3 units. May 24 2013 - US00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.