Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 4 years ago,
Can you make moves before having 2 years work history?
Greetings all I am new here,
I'm 23 I left college 16 months ago and began working on the books In april 2020 at my current job. Currently I make 900-1000$ bring home weekly(variable income). This is going to be the first year filing taxes as prior to college I just worked cash jobs short term and never filed a tax return. I contacted a mortgage lender he said since I did not have 2 years work experience to show, the only potential option I had was to use my dad to buy the house as a Investment property with my name on the title. Once I had the necessary work experience we would have to then refinance the property into my name. For many reasons I decided not to take that route. Given what the mortgage lender told me . I'm looking to do a live in/ flip or a duplex house hack for my first primary residence. My first question is should I try other mortgage lenders to see if they have the same work history requirement or if there is any way around that in PA? Also given my situation where I'm at is it possible for me acquire an investment property if I find a deal and can find a hard money loan?