Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 1 year ago,
Loan ideas for self employed.
I'm looking for my first real estate property and have just started practicing running numbers in the calculators and analyzing deals. One issue I'm having is when I get to the loan sections I'm filling in just round estimates and I'd like that more dialed in with a loan I'd actually get approved for. Would I just go online for quotes to find that out? Second question would be is there better loans for people who are self employed or loans that I'd have a better chance of getting approved for. I'm hoping to use FHA and about 3.5 - 5% down on possibly a multi family home that'd I house hack or single family that would be a live in flip . Any advise or ideas would be awesome to help me get a better plan.