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Richard Scheuermann
  • Rocky River, OH
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Getting a mortgage for investment property as a 1099 employee

Richard Scheuermann
  • Rocky River, OH
Posted Oct 26 2017, 07:45

Hello,

I had a question in regards to getting approved for a mortgage for an investment property. I've been wholesaling for a short time now, and what I'd really like to do is use that money as down payments on cash flow rental investment properties.

The problem I foresee is actually being approved for a mortgage, as I am a 1099 employee with two years of "inconsistent" income.

Does anyone have some insight on this? Thanks in advance for any help!

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