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Updated over 5 years ago,

User Stats

6
Posts
1
Votes
Yousef Morshedian
  • Dallas, TX
1
Votes |
6
Posts

How Can i get a loan?

Yousef Morshedian
  • Dallas, TX
Posted

Im interested in a 4-plex which i will owner occupy 1 unit and rent out the other 3 . i will also manage it.

The 3 units will pay for the entire mortgage and expenses.

I can prove that i have enough money saved to be able to pay the mortgage for a year even if i didnt have any tenants.

BUT I have no experience managing a property.

I am currently not employed, recently quit to peruse real estate.

And i cant prove 2 year at same job.

All i got is last 2 years of W-2 at two totally different jobs and incomes.

Credit is in low 700's but never had a mortgage.

Can i get a loan?

Dont have 2 year exp at same job.

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