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Updated over 11 years ago on . Most recent reply

Account Closed
  • Fort Myers, FL
4
Votes |
6
Posts

Financing First Deal (employment history)

Account Closed
  • Fort Myers, FL
Posted

Hope this is in the right forum.

I will be travelling for an extended period of time after which I will focus on my first deal. I have a concern with financing this deal.

Let's say I have a solid employment history of 5+ years, take 6 months to travel, then work for another year at which time I intend on purchasing a property.

What issues can I expect to run into when trying to obtain financing? Will lenders want me to work another year to show 2 years of employment?

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