All Forum Posts by: Marius Paguzinskas

Yes, it’s same line of work. I been told by few mortgage brokers in Ca what I need to show income for 2 years as W2.

Can be law diferent in Ca and Il?

Thank you

Hello,

I have a SFR in Los Angeles with a lot of equity in it. Want to sell it and buy other house with traditional financing. Will put 30% down.

I just start working after 2 years brake.

My salary can be W2 or 1099.

1 - Which way I better look in front of tradional lenders?

2 - How long I must be working to qualify for a loan?

No hard or private money.

Thank you

Cody,

Can you PM me his contacts?

Thanks

I spoke with one lender. She told me she can't do it, because the numbers.

My primary residence value about $720k. First loan balance $295k.

Looking for the second house as a rental for about $550k.

Have cash $100k to work with.

Maybe HELOC make more sense?

Thank you for information.

Looks like I have to do a lot of calling.  Let you know how it goes.

Hello,

What is cross collateralize mortgage loan?

Does it make sence to do it?

Any lenders does that type of loan? What they requirements?

Thanks

Thank you guys.

I live in San Pedro, so better close to that area.

Hi,

My name Marius. I am interesting in flipping properties.

Hello,
What happens if I take FHA loan for primary residence and then sell house after few months.
Thank you