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Private Lending & Conventional Mortgage Advice

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FHA lending assistance

Posted Nov 28 2021, 09:34

I will be receiving a substantial amount of money into my bank account via a gift from the sale of a family business. Unfortunately, I didn't know that I had to show more money than I earned. I know that i'll have some serious DTI issues but would it be alleviated by the money that will be in my account following the sale. Any tips to increase my chances of obtaining a 1st time FHA multi unit loan would be greatly appreciated.

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