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Updated about 4 years ago,
What's the best way to get mortgages if you're self employed?
Hi All,
I'm currently self-employed, I know I won't be able to qualify for a mortgage due to being newly self employed. However, I want to start investing in real estate next year.
The best ways to combat this I think would be, a.) joint venture with my parents (they already own 2 rentals) b.) get a large multi (5-8 units), or c.) possibly get a mortgage in my parent's name and pay them extra interest.
Which would you guys recommended or avoid and why?
Thanks!