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Updated almost 2 years ago,

User Stats

18
Posts
5
Votes
Miles Atkins
  • Investor
  • Michigan
5
Votes |
18
Posts

Mortgage options for a 18 year old

Miles Atkins
  • Investor
  • Michigan
Posted

I am 18 and I have been doing a bit of reading on real estate investing and have came across information on acquiring loans. Most loans to my understanding need 2 years of tax returns. I have a business that is doing very well and have a steady stream of income and want to acquire an investment property. I guess my question is how can I get financing for a property if I have only had a business for 1 year. I have read about cash flow mortgages and I know I don't need tax returns for that but I was just wondering what other financing options are out there. Does hard money require tax returns? Can I buy the property through a LLC and use business tax returns? Just reaching out really to see if anyone has any answers. Thanks!

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