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All Forum Posts by: Shayne Whittington

Shayne Whittington has started 9 posts and replied 22 times.

Post: What loan should I be considering in my situation?

Shayne WhittingtonPosted
  • Rental Property Investor
  • Kalamazoo, MI
  • Posts 24
  • Votes 4
@Andrew Bowlds I appreciate the info, sir!

Post: What loan should I be considering in my situation?

Shayne WhittingtonPosted
  • Rental Property Investor
  • Kalamazoo, MI
  • Posts 24
  • Votes 4
Hey guys, I’m a professional athlete that plays overseas and this up coming summer is when I’ve decided to buy my first two rental properties. With my profession, I feel like it’s going to be difficult to be approved for Conventional financing. From what I’ve researched, I might be able to use my tax returns from the last two years to try to qualify but I’m technically not self employed. I’m only employed 10 months out of the year and at most, I’m only signed to a two year contract with a team. So future employment in this profession isn’t very stable. Am I just worrying about nonsense or is this a reasonable concern when it comes to financing properties? If so, what type of loan should I be applying for? Thank you, Shayne