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Updated over 3 years ago,
Preapproval with a per diem income?
Hey BP community. I am a dentist (first year in the real world) and am on a production-based salary. I went to get preapproved by a lender for my first investment property and she stated that I need at least one year of income with a per diem salary before I can be pre-approved. Is this a common occurrence with commission/production-based jobs? And what other routes are possible instead of waiting for a year. Let me know, thanks!