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I am looking to purchase a home. I recieve gift money from my parents each month in the form of rental income on one of their properties. Does FHA guidelines allow me to include this as additional income for qualifying?
(GA)

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Wolfman posted on 27 Jun 2012 04:58 PM

I am looking to purchase a home. I recieve gift money from my parents each month in the form of rental income on one of their properties. Does FHA guidelines allow me to include this as additional income for qualifying? What documentation do I need to support this other than the bank statements showing the deposits, a copy of the lease?

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