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Updated over 4 years ago,
Can I get approved for a mortgage?
Hello Everyone!
I am looking to acquire my first investment property (preferably a buy and hold). I live in Los Angeles where real estate is REALLY EXPENSIVE! I am a 22 year old, full time student with no source of income. However, I was wondering if it’s possible to get a mortgage using the future estimated income from the property . Please let me know if and how this works. If not, how can I go about getting approved? Should I move out of Los Angeles and start out in a cheaper market? PLEASE HELP! Thanks for the advice in advance.