Los Angeles County Real Estate Forum
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 7 years ago,
First time buyer, excellent credit, no full time work history
Hi guys, I'm totally new to RE and I wanted to know how I can buy my first multi unit property in California. My wife and I started new full-time jobs just a few months ago, we have saved some money for a downpayment and have excellent credit.
We want to use our first time buyer 3.5% downpayment and house hack but are not sure if we can do it because we don't know if the bank would give us a loan with no 2 year full-time work history.
We are hearing that interest rates are going up soon and we want to buy now!! We want advice on loan brokers or banks that would give us a loan with our situation.
Thanks guys