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Updated over 6 years ago,
Newbie in NYC: How to get a financing/loan as a freelancer
Hello everybody,
My name is Francine Prewitt. I am new to real estate investing. I am currently researching for my first investment property (buying and renting a small multifamily property: 3/4units in New York).
I have a solid work history over the last 3 years as a contract attorney, and though I often work upwards of 60 hours per week, I am technically considered a "freelancer". I've heard this term can scare banks away, especially for first timers. Does anyone have any tips for someone in my situation when it comes time to apply for a loan?
Thank you!