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Updated almost 10 years ago,
Lost My Job, Still Buying a House
I just lost my job after the company I was working for went under. I have the money saved up for a downpayment on a buy-and-hold, but I wont be able to qualify for a traditional loan now due to my income stream.
Does anyone have suggestions, hard money lender, small banks, etc that would still provide me with a loan, if I can show that the rental income will cover the mortgage? I'm asking you guys for help. How do I proceed with a home purchase if I won't be able to qualify due to my decreased income stream? I downloaded Brandon's book, and I will surely learn ideas from that as well.
Thanks for the input,
-Carson