In need of Primary home financing
I am looking to get pre-approved for a 450K loan on a 525K house we want to put an offer on. We plan to put 50-75K down but can put more down if needed, we just dont want to :)
In my view, we are taking in at least 20K+/month between 3 businesses and very little debt. I just dont know what we can get approved for because our tax returns dont reflect this partly because of a huge amount of depreciation and expense write offs from doing BRRRR on 37 rentals.
Excellent credit, strong cash reserves, 140K equity in our home. 1.5mil equity in rentals.
We certainly feel we can afford the payment we just need a lender who can look at the numbers behind the numbers.
We are located in Ohio. Please contact me if you think you can lend.
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