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Updated almost 5 years ago on . Most recent reply

User Stats

24
Posts
19
Votes
Albert Ellis
  • Flipper/Rehabber
  • Baltimore, MD
19
Votes |
24
Posts

Looking for a self employed friendly lender in Baltimore

Albert Ellis
  • Flipper/Rehabber
  • Baltimore, MD
Posted

I formed my LLC while working my W2 job in 2018, but left that salaried job and have been generating 20% more income from my LLC as self employed individual in the same line of work since January 2020. I want to house hack a 3-4 unit in baltimore as way to get skin in the game and I've identified some really great neighborhoods at very affordable prices for my budget. I could go FHA or conventional, but I know it's a bit dicey for self employed individuals when it comes to getting a traditional mortgage with less than 2 years of self employed income. If any local or non local lenders/mortgage officers could give guidance on this that would be amazing.

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