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 almost 8 years ago,
Can you get financing if you're self-employed?
My husband is self-employed. We want to buy our first rental property, but I can't qualify for much more on my own, because I already own our house. When we bought our house, our lender said we couldn't use his income, so we didn't even bother putting his name on the loan/house. But it would really help if we could use even a little bit of his income so we could spend more on a rental. I don't want to buy something too cheap and dumpy... Anyone know what the usual rules are for this? Do any lenders allow it, and what are requirements for documentation etc.?