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Updated almost 9 years ago on . Most recent reply

Richard Boyd's profile image
Richard Boyd's profile image
Richard Boyd
  • Property Manager
  • from Oneonta, NY
  • Member since Jul 28, 2015
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Richard Boyd's profile image
Richard Boyd's profile image
Richard Boyd
  • Property Manager
  • from Oneonta, NY
  • Member since Jul 28, 2015
Connect
Richard Boyd
  • Property Manager
  • Oneonta, NY
3
Votes |
48
Posts
Private Lending & Conventional Mortgage Advice

First Mortgage with VA loan

Richard Boyd
  • Property Manager
  • Oneonta, NY
Posted

Hey Everyone,

I'm stationed overseas and my fiance and I separate the military in December. We'll both be veterans and utilizing the GI Bill for college and our income will be about $3400/month from the GI Bill. With this in mind, I want to purchase a residential multifamily home. The bank told me we would have to show proof of income for one year out. Does anyone have any advice on how to do so if there isn't a way for us show proof?

I don't want to have to rent an apartment because of this little hiccup. 

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Joel W.'s profile image
Joel W.'s profile image
Joel W.
  • Investor
  • from Eastlake, Ohio
  • Member since Mar 26, 2015
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Joel W.'s profile image
Joel W.'s profile image
Joel W.
  • Investor
  • from Eastlake, Ohio
  • Member since Mar 26, 2015
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Joel W.
  • Investor
  • Eastlake, OH
85
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174
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Joel W.
  • Investor
  • Eastlake, OH
Replied

Bummer, thanks for posting that info @Chris Mason

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