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Updated over 8 years ago on . Most recent reply

User Stats

17
Posts
3
Votes
Jason Sales
  • Investor
  • Haines City, FL
3
Votes |
17
Posts

Finance

Jason Sales
  • Investor
  • Haines City, FL
Posted

Hello everyone this is Jason from Central Florida. I would like to get some feedback from everyone about financing. My credit is low in the Mid 600's and i am self employed , my yearly income is under 20k when i do my taxes, but my deposits are much larger so i could afford the payment on a mortgage. My problem is that no bank will lend me money or finance a home for me because i show NO income. Question, is there anyone that could shine some light or point me in the right direction of how i could get around this. I do not have anyone else that can help I have exhausted pretty much all my contacts, so i need to do this on my own. If anyone could help it would be greatly appreciated. Thank you very much.,

Jason 

Most Popular Reply

User Stats

17
Posts
3
Votes
Jason Sales
  • Investor
  • Haines City, FL
3
Votes |
17
Posts
Jason Sales
  • Investor
  • Haines City, FL
Replied

Purchase price is 40k, and 20k to rehab so 60k? 

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