All Forum Posts by: Alyssa Paros

I'm starting a new job next week. It's more pay than my current job and still a W-2. My husband and I are looking to buy our first rental property. When is the best time to get preapproved for a mortgage?

I know I heard about a bank that would allow 10% down without PMI on one of the podcasts. I am kicking myself that I didn't write it down. Does anyone have the name of that bank that offers this loan or a similar bank? Thanks!

Hi there! My name Alyssa Paros. My husband and I are currently saving to start investing in our first property, hopefully sometime this summer. We both have full time jobs and make a decent income, he as a mechanical engineer and I as a registered dietitian. We also have a 12 month old son. I have been struggling with maintaining a full time job and balancing my true dream of being a full time mom. I may have opportunity to go part time consulting where I would make more per hour and the salary would be a wash. However, depending on how I go about it, I need to know, would having a company provide me with a W2 vs being an independent contractor and utilizing a 1099 impact our ability to qualify for a conventional loan? Consulting would be comprised of multiple short term positions. Thanks!