All Forum Posts by: Account Closed
Account Closed has started 3 posts and replied 5 times.
Post: Grad School student looking to buy a house in St. Louis Missouri
- Bellevue, WA
- Posts 5
- Votes 0
Originally posted by @Jerry Padilla:
@Account Closed
You need a stable job to get financing. Would your parents or a parent be willing to go on the loan with you?
Thank you for your response. My parents are in Nigeria so it would be difficult for them to go on the loan with me. I could wait till they visit in December and rent a place in the mean time but I'm concerned about paying rent in one location and risking paying a mortgage with no tenant in the house I eventually do buy. Do you know if non US citizens can go on mortgages in the US?
Post: Grad School student looking to buy a house in St. Louis Missouri
- Bellevue, WA
- Posts 5
- Votes 0
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Post: Financing advice-Grad student looking to buy a house in St. Louis
- Bellevue, WA
- Posts 5
- Votes 0
Hi everyone,
I am starting graduate school at Washington University in St. Louis, Missouri in the fall. I am currently in Seattle and I want to buy a house in St. Louis instead of renting. However, I don't have full time work experience and I know this affects my ability to get a loan (only 3 six month internships while in college). I have about $6k in savings. What are my best financing options?
I am looking for advice on how to go about seeking financing to buy a house. Who should I talk to to get financing? How do you figure out what lenders are available and who to speak with? Also, should I be talking to banks and lenders in Seattle or wait till I get to St. Louis Missouri.
PS: My current plan is this. I use the rent money provided by my parents to finance the mortgage while I'm in school and either sell the property or rent it out after two years (when I graduate).
I am completely new to real estate investing and your advice will be very much appreciated! Thank you!
Post: Grad School student looking to buy a house in St. Louis Missouri
- Bellevue, WA
- Posts 5
- Votes 0
Hi everyone,
I am starting graduate school at Washington University in St. Louis, Missouri in the fall. I am currently in Seattle and I want to buy a house in St. Louis instead of renting. However, I don't have full time work experience and I know this affects my ability to get a loan (only 3 six month internships while in college). I have about $6k in savings. What are my best financing options?
I am looking for advice on how to go about seeking financing to buy a house. Who should I talk to to get financing? How do you figure out what lenders are available and who to speak with? Also, should I be talking to banks and lenders in Seattle or wait till I get to St. Louis Missouri.
PS: My current plan is this. I use the rent money provided by my parents to finance the mortgage while I'm in school and either sell the property or rent it out after two years (when I graduate).
I am completely new to real estate investing and your advice will be very much appreciated! Thank you!
Post: Grad School student looking to buy a house in St. Louis Missouri
- Bellevue, WA
- Posts 5
- Votes 0
Hi everyone,
I am starting graduate school at Washington University in St. Louis, Missouri in the fall. I am currently in Seattle and I want to buy a house in St. Louis instead of renting. However, I don't have full time work experience and I know this affects my ability to get a loan (only 3 six month internships while in college). I have about $6k in savings. What are my best financing options?
I am looking for advice on how to go about seeking financing to buy a house. Who should I talk to to get financing? How do you figure out what lenders are available and who to speak with? Also, should I be talking to banks and lenders in Seattle or wait till I get to St. Louis Missouri.
PS: My current plan is this. I use the rent money provided by my parents to finance the mortgage while I'm in school and either sell the property or rent it out after two years (when I graduate).
I am completely new to real estate investing and your advice will be very much appreciated! Thank you!