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Updated over 6 years ago,

User Stats

10
Posts
0
Votes
Ansar El Muhammad
  • Oakland, CA
0
Votes |
10
Posts

QUESTION FOR ATLANTA AREA LENDERS

Ansar El Muhammad
  • Oakland, CA
Posted

ME AND MY WIFE WOULD LIKE TO SELL OUR PRIMAIRY RESIDENCE IN CALIFORNIA , TAKE THE EQUITY AND PURCHASE ANOTHER PRIMAIRY IN ATLANTA GEORGIA. I PLAN ON PUTTING 25% DOWN AND HAVING CASH RESERVES. 

 I AM ALSO A SELF EMPLOYED CONTRACTOR AND RELOCATING MY BUSINESS TO ATLANTA AS WELL.  THERE WILL BE A TRANSITION PERIOD WHERE BUSINESS WILL BE SLOW FOR ME INITIALY, WILL THIS BE A PROBLEM IN THE EYES OF A LENDER? DOES MY 25% DOWN PAYMENT AND CASH RESERVES MAKE THAT A SECONDARY ISSUE?

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