$100k income in W2, but $0 on tax return adjusted income

[Sophie Sawyer]

Can I take out mortgage loan given: I have a stable $100k W2 income from my employer, but opened an LLC this year and am projecting a loss of $200k in the first year. This loss is expected and not a problem. However, this loss' K1 makes my next two years' tax returns final income $0. I have $1 million liquid asset after the LLC loss. Debt to income ratio below 45%. I want to get mortgage to buy 5-10 $200k houses in the next two years. Do I qualify for congenital loan?

[Shaun Weekes]

Originally posted by @Sophie Sawyer:

Can I take out mortgage loan given:

I have a stable $100k W2 income from my employer, but opened an LLC this year and am projecting a loss of $200k in the first year. This loss is expected and not a problem. However, this loss' K1 makes my next two years' tax returns final income $0.

I have $1 million liquid asset after the LLC loss. Debt to income ratio below 45%.

I want to get mortgage to buy 5-10 $200k houses in the next two years.

Do I qualify for congenital loan?

 This is an impossible question to answer because we don't know what your loses were.  Certain items can be added back.