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Updated over 9 years ago on . Most recent reply

User Stats

49
Posts
3
Votes
Richard Boyd
  • Rental Property Investor
  • Bainbridge, NY
3
Votes |
49
Posts

First Mortgage with VA loan

Richard Boyd
  • Rental Property Investor
  • Bainbridge, NY
Posted

Hey Everyone,

I'm stationed overseas and my fiance and I separate the military in December. We'll both be veterans and utilizing the GI Bill for college and our income will be about $3400/month from the GI Bill. With this in mind, I want to purchase a residential multifamily home. The bank told me we would have to show proof of income for one year out. Does anyone have any advice on how to do so if there isn't a way for us show proof?

I don't want to have to rent an apartment because of this little hiccup. 

Most Popular Reply

User Stats

174
Posts
85
Votes
Joel W.
  • Investor
  • Eastlake, OH
85
Votes |
174
Posts
Joel W.
  • Investor
  • Eastlake, OH
Replied

Bummer, thanks for posting that info @Chris Mason

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