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Updated over 8 years ago,
NEWLY SELF-EMPLOYED...MORTGAGE?????
Hello BP!
I am newly self-employed and currently have one rental unit I've been managing since 2013.
I have the cash to fund the downpayment for my next rental, however I am in search of a bank that will provide me with an affordable mortgage on the property.
I understand that usually you need 2 years of self-employment tax return income to qualify, so I'm hoping someone here in the forums can help me with an alternative!!
Thanks!