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Private Lending & Conventional Mortgage Advice

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Jason Boritz
  • Developer
  • Los Angeles, CA
21
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72
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Trouble getting a loan.

Jason Boritz
  • Developer
  • Los Angeles, CA
Posted Oct 23 2019, 10:12

Hi everyone,

I was wondering if anybody has any advice on the following -

I have been trying to get an FHA loan to buy a house here in Los angeles. The 3% down payment is not the issue, I have had a hard time qualifying for a loan because I am

Self employed. I haven’t been able to get a co-signer as well.

I would live in this house and rent out the other rooms to cover the mortgage.

Any suggestions on how to qualify for a loan would be appreciated.

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