Converting a Primary Residence to an Investment Property
You will need the following:
A fully executed lease agreement for 12+ months. This cannot be with a family member.
And one of the following:
1007 which is a rental estimate prepared by AMC, appraisal company.
2-month’s consecutive recent bank statements or electronic transfers of rental payments on existing lease.
Copy of the Security Deposit and 1st-month’s rent check with proof of deposit into your account.