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Updated almost 3 years ago on . Most recent reply

User Stats

56
Posts
14
Votes
Mike Romano
  • Investor
  • Florida
14
Votes |
56
Posts

Moving to Florida from Massachusetts

Mike Romano
  • Investor
  • Florida
Posted

Hello,

I'm moving to Florida this year, I'd like some advice please, I left my job 8 months ago, recently started my own company, as a flipper just got my first flip done I used a Hard money loan for my flips. I want to buy a house in Florida, but a person that I know checks for a lenders and says that I will need two years of self-employment history to qualify for a mortgage even with a 50% down payment, the house price will be around $300k. My primary house in MA has over 250K in equity, and I am planning to sell the property.

Are there any lenders who can help with this type of situation? Would renting be a better option?

Any help will appreciate.

Thank you!

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