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Updated over 8 years ago, 06/11/2016

User Stats

24
Posts
0
Votes
Lars Henrik
  • Real Estate Investor
  • San Francisco, CA
0
Votes |
24
Posts

Getting loans with 100% Income source

Lars Henrik
  • Real Estate Investor
  • San Francisco, CA
Posted

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 

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