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Updated over 3 years ago,

User Stats

125
Posts
50
Votes
Caleb Reits
Pro Member
  • Investor
  • Grand Rapids, MI
50
Votes |
125
Posts

Coming up with the cash

Caleb Reits
Pro Member
  • Investor
  • Grand Rapids, MI
Posted

So it looks like we need to be pre-Approved for around 350k in the Grand Rapids, MI market (well at least as far as Multifamily goes!) Trying to figure out what the best way to get approved as I am a 1099 employee and the more I show I make the more I pay in taxes. I might combine my income with my girlfriend's income to get a more favorable loan. Thoughts on this method as a first time property owner? 


Anybody have any other thought or ideas, on how to get are pre approval higher without paying a lot. Maybe different loan strategies for someone in a similar position? Thanks in advance!

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