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Updated almost 3 years ago,
Question about financing
I'm self employed and my wife has a W2 job. We are buying our first house in a month or so and are concerned we may not qualify for the loan most of my income is non-taxable due to deductions. I won't record a lose for my part but I'm worried the bank will o ly look at what income I had that was taxable when considering the loan.
If anyone has any advice or information I would really appreciate it. Our plan is to use this house to get into real estate investing.