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Updated almost 12 years ago on . Most recent reply

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1,254
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Steven J.
  • Urbana, IL
425
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1,254
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Moving into Rehab full-time.

Steven J.
  • Urbana, IL
Posted

So here's an idea I've had recently. I'll be moving within 4 months, new state, new market, new job. I'll be following my significant other and rather than continue in the business I am in I certainly wouldn't mind switching into rehab full-time. Problem is, how do you work this out in the real-world? How do I get loan approval when I don't technically have a job? What about approval for getting into a rental? I anticipate I may buy a property with first time home buyer loan, either a Freddie Mac and Fannie Mae, and live in it while fixing it up. Now, since I'm moving, won't yet have a job how would I go about getting approval for that? Is any bank gonna give me a loan?

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