looking for advice on a laon
Hi all,
first post on BP.
I'm wondering how easy it would be to add partners on a loan one partner has been pre qualified for.
the situation is that we have 4 partners. One has been pre-qualified for enough to cover our first deal (150k range in Mass/RI). of the other partners one is in the army and will be deployed soon, another will be starting medical school in august and has no income, and I currently work under the table. We all have decent credit (700 fico range with no adverse credit events), would we have trouble adding these other partners to the loan, or qualifying as a group?
Any advice or experience would be much appreciated, Thank you.
-Peter