All Forum Posts by: Josh Sobczak

Thanks for the reply. Please send me his information. 

Hi, I’m in the process of purchasing my first house-hack property in the Charleston, SC area. I’m looking for an experienced realtor to join me on my journey. If you know anyone or have recommendations, please refer to them. Thanks in advance! 

I was planning on purchasing my first house-hack this summer. Most of the down payment I have saved up is in mutual funds. However, the stock market is obviously plummeting because of COVID-19.  In just a few months, I’ve lost a good chunk of the down payment. My question is this: should I pull all of the money I have left in my mutual funds out now? Doing so will leave me with enough to still get a house this summer, but I will have lost quite a bit by pulling out now. I’d appreciate your thoughts.

Thanks for the reply!

QUESTION: What does the approval process look like when commission makes up about 15% of your income, and the rest is a base salary? 

I’ve read that when commission accounts for 25% or more of one’s total income, lenders typically will want to see at least two years of employment at the same job. 

I am a recent college-grad and have only been in the workforce for about three months. Commission accounts for roughly 15% of my income. My goal is to purchase my first house hack this summer. Will I be able to get approved?

Thanks in advance!

Is this event still happening? I would like to attend.