Updated over 5 years ago on . Most recent reply
Getting a bank loan
I’m a new investor who has yet to purchase a property. I’m looking to secure an fha or some sort of low money down loan. I know that most banks require 2 years of stable income. I have only been at my job for under 6 months, do I have to just sit and wait for another 1.5 years to get a bank loan? Also, would getting a letter of recommendation from my boss and showing it to the bank increase my chances of securing a loan? Any help is appreciated!!