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Updated almost 10 years ago on . Most recent reply

User Stats

218
Posts
65
Votes
Alex Silang
  • Real Estate Professional
  • Las Vegas, NV
65
Votes |
218
Posts

How does self employed income look on mortgage application?

Alex Silang
  • Real Estate Professional
  • Las Vegas, NV
Posted

I'm guessing not good? Does 60k W2 income look a lot different than 60k 1099 income?

I'd like to be eventually self employed, but real estate is my primary goal in life. I'm willing to stay at my job if banks hate self employed income. Please note that I would have a 1099 income form (not just declaring what I earned). 

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