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Updated about 5 years ago on . Most recent reply
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New Software Engineer with questions about investment properties
Hi, I'm new to this forum and I want to start buying investment properties in the US and I'm about to start a high-paid silicon valley software engineering position in a few months. I have a signed contract. So I have 2 questions:
1. How soon can I get approved for a mortgage? I've been a student until now so I don't have any previous income.
2. I have an investor/family member who is going to be a part of these investments and he's a multi-millionaire - how does the process work to have him as a financial backer when applying for mortgages? He's not a US citizen (I am). Our longer term plan is to make this a business and have 30+ rental properties. What's the best way to show our partnership when applying for mortgages so that the bank sees both of our incomes?
Thanks so much.