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Updated over 5 years ago,
Buying your own flip?
Hello !
Hoping someone can help, I will ask mortgage company this week but hoping for some insight now;
My husband and Father in law own a corporation , they have purchased a home to flip using money from a hard money lender. They are doing your basic flip, Husband is the VP of the corporation.
My Husband and I happen to be looking for a home to buy in this very neighborhood and this one seems perfect for us,
Can we buy it? I know I can but I don't think my income alone will approve me for the mortgage, so I am hoping he is allowed to be on the mortgage?
Any thoughts? from all my online research its looking like a no