Can you get a loan without an income?
Currently browsing for house hacks. I am a college student, and I don't have an income at the moment haven't had a job in over a year. I've made a small amount of money in the stock market. These capital gains would only be around 10k income for 2020. Would a lender look down on this since it means I only had an income of 10k last year. Have enough for atleast 8% of the downpayment for the specific place I am looking at. With FHA I would require only half this amount. If I laid out a business plan and the cash flow equations I have done would this help them disregard the lack of income?