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Updated over 12 years ago, 03/05/2012

Greg P.'s profile image
Greg P.'s profile image
Greg P.
  • from Los Angeles, California
  • Member since Feb 11, 2009
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717
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Greg P.'s profile image
Greg P.'s profile image
Greg P.
  • from Los Angeles, California
  • Member since Feb 11, 2009
Connect
Greg P.
  • Los Angeles, CA
50
Votes |
717
Posts
Innovative Strategies

Pay myself Salary will help qualify for 30 year loans? Advice please

Greg P.
  • Los Angeles, CA
Posted

Hello, my question involves having my company paying me a salary. Would it be smart to do this since if I can show two years income, then I can qualify for 30 year loans on rental properties I am planning on owning. The main goal is to qualify for 30 year conventional loans to purchase rentals, but I am not sure how to do this being a business owner. Please advise. Thanks much.

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