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Updated over 4 years ago,
Creative financing help for self employed
I'm a 1099 contractor.
I won't be able to show income untill I fill my 2020 returns. I'd like to purchase a property however I won't be able to get a loan until I file. Are there any strategies I could use with a seller to essentially bridge the gap of a few months before I am able to get the loan. Ie. Cash payment to seller plus cover the mortgage until my loan is approved.
Thanks in advance for any insight
Tony