Looking to buy my first home ( to live in) Southern California
Hello BiggerPockets community, I am trying to buy a home in the $700k-$1M range. I am prepared to down 20% but the lenders I've spoken to ( rocketmortgage, quicken) all demand 2 years worth of tax returns. My LLC was incorporated in 2020, so I don't have 2 years of tax returns. And previously I did not have a high income job. So I searched around and the option seems to find a income statement based loan, has anyone had experience with this? any help is appreciated , I am looking in Orange county, CA.