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Updated about 5 years ago on . Most recent reply

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5
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2
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Martin Estrada
  • Rental Property Investor
  • Elizabeth, NJ
2
Votes |
5
Posts

12 Month Bank Statement / 1 Year Tax Return

Martin Estrada
  • Rental Property Investor
  • Elizabeth, NJ
Posted

Hi guys looking to purchase my 1st property , due to a family emergency I need to start looking for a property now instead of waiting one more year for qualified mortgages. I have a successful last mile delivery service company’s in Northern NJ. I have extensive knowledge of 80% of Union County Towns since I service these areas 7 days a week . I already manage my fathers 3/plex in Elizabeth which cash flows $400 a door. I am looking for any lenders or references that can help me with Finance . I plan to refinance later after a year . Thanks 

Most Popular Reply

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1,784
Posts
757
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Shaun Weekes
  • Loan Officer / Processor / Life & Health Agent
  • Rancho Cucamonga, CA
757
Votes |
1,784
Posts
Shaun Weekes
  • Loan Officer / Processor / Life & Health Agent
  • Rancho Cucamonga, CA
Replied

@Martin Estrada

Both Fannie and Freddie will accept 1 year tax returns. Find a good Loan Officer or Broker and you will need to show that you've been in business for at least 2 years.

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