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Updated over 4 years ago,
Buying second property
Hi all,
My question is how/ what kind of loan could I qualify for as a newly licensed realtor with no W2 or full time income?
I have built up some equity with my current conventional mortgage on an owner occupied triplex, and have saved up enough for a down payment on a second investment property, either multi-family or live-in fixer upper,
Could I used future rental income from tenants to help me qualify?
My credit score is excellent,
Would a home equity loan or HELOC be better in this case?
How can I get the best rates?
Any advice appreciated, thanks!