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Updated almost 5 years ago,

User Stats

2
Posts
2
Votes
Rodrigo Flores
  • Investor
  • Honolulu, HI
2
Votes |
2
Posts

Financing without a steady job

Rodrigo Flores
  • Investor
  • Honolulu, HI
Posted

I recently started graduate school and am no longer working (steadily) to get a conventional loan on an investment property. I have a property that will have a balloon payment due in < 2 years and I want to refinance it to at least extend the term. Any suggestions?

The loan amount is just under $60K and the property was valued at $90K 3 years ago. This is in Saint Louis

Some context: I won't have student loans because the GI Bill pays for my school and it gives me a living stipend (i don't think i can use this as income though). The other property i have is cash flow positive with a loan amount of $57K on a 30yr fixed loan

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