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Updated over 9 years ago,
Possible to start with good credit, but little verifiable income?
I would like to buy a modest rental property. I have 759 credit according to Credit Karma. I have maybe around $12,000 for a down payment. The problem is that the only verifiable income I have is like $650 per month. Of course, I will be using the rent to pay off the mortgage. Is there a way for me to get financing? I am just looking to get started with a small house, maybe something around $100,000 or less. Thanks for your time.