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Updated almost 5 years ago on . Most recent reply

Luke Mccandless's profile image
Luke Mccandless's profile image
Luke Mccandless
  • Investor
  • from Washington
  • Member since Mar 14, 2015
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63
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21
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Luke Mccandless's profile image
Luke Mccandless's profile image
Luke Mccandless
  • Investor
  • from Washington
  • Member since Mar 14, 2015
Connect
Luke Mccandless
  • Investor
  • Washington
21
Votes |
63
Posts
Buying & Selling Real Estate

Financing our next deal !! catch 22 madness?

Luke Mccandless
  • Investor
  • Washington
Posted

We are trying to move out to a current house - convert to rental and buy a new house owner occupied. It seems like we are not able to get financing as the lenders wont count the income from the rental property until after it's rented (signed lease) - which it can't be rented until after we move out. Anyone else run in to this catch 22 madness? How do you approach it? 

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