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Updated about 1 year ago on . Most recent reply

User Stats

26
Posts
19
Votes
Mei Bae Wu
  • Real Estate Agent
  • Houston, TX
19
Votes |
26
Posts

Looking for advice from lenders!

Mei Bae Wu
  • Real Estate Agent
  • Houston, TX
Posted

Hello!

I have a client who is eager to invest in real estate however, they have been on a sabbatical from their W-2 career. I am aware that lenders require 2 months paystubs for pre-approvals however, they have not been receiving any income for the past year due to being on sabbatical. 

They have a healthy savings and are ready to invest.

How would you proceed with this situation? What advice would you provide this client?

Thanks in advance!

xoxo,

Mei Bae

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