Updated about 6 years ago on . Most recent reply
Financing without a steady job
I recently started graduate school and am no longer working (steadily) to get a conventional loan on an investment property. I have a property that will have a balloon payment due in < 2 years and I want to refinance it to at least extend the term. Any suggestions?
The loan amount is just under $60K and the property was valued at $90K 3 years ago. This is in Saint Louis
Some context: I won't have student loans because the GI Bill pays for my school and it gives me a living stipend (i don't think i can use this as income though). The other property i have is cash flow positive with a loan amount of $57K on a 30yr fixed loan