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Updated over 8 years ago, 06/11/2016
Getting loans with 100% Income source
I have an opportunity to join a business on a 100% commission. I know I'd do well, and make at least six figures. My main concern is getting loans for rental properties. I plan to do buy and hold cash flow, maybe even turnkey. But that's beside the point for now.
Is anyone else out there on a 100% commission and getting conventional loans? What hurdles did you have to overcome?
From what I've read is needing at least two years verifiable income if it's 100% commission.
Thanks,
Lars