Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated over 3 years ago on . Most recent reply

How to get approved on mortgage
So I have ran into sort of a road block, I am a 20 year old real estate investor and I currently own 3 SFH. I own two of them outright and I have a mortgage on one but it is still cash flowing over 600/m. Overall my net income from my properties is about 2300/m. The issue I am running into is that I am now in college and not employed , when they hear that it's almost an instant no which doesn't really make sense to me because it's obvious the mortgage payment is made from the rent. I have a really good opportunity to scale into student housing in a university town so I would appreciate some suggestions on financing possibilities, little money down is even better but 20% is fine