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Updated over 6 years ago on . Most recent reply

User Stats

15
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0
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Silvia Camponelli
  • Rental Property Investor
  • New York
0
Votes |
15
Posts

Income from fashion modelling? And multiple mortgages questions

Silvia Camponelli
  • Rental Property Investor
  • New York
Posted

Hey! New girl here! I have excellent FICO, really good income from full-time exec assistant job and lucrative but inconsistent part-time modelling and wanted to invest in 5-6 interesting properties. First, would most banks be able to use my PT modelling work as income?  I do get a 1099-Misc from each agency I work with.  I also had a liquidity event this year to qualify for larger loans, but want to ignore this.  

Second, I have 2 cheaper properties now in Upstate NY but paid all cash for them (under 60k each). What is best way to get 5-6 simultaneous conventional mortgages at best rates? I’ve looked at commercial/blanket and don’t like the terms really haha (ARMs, 15yr terms, etc)

Thanks so much!!

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