All Forum Posts by: Kathy R.
Kathy R. has started 1 posts and replied 2 times.
Post: Not approve due to low income
Kathy R.Posted
- Rental Property Investor
- Orlando, FL
- Posts 2
- Votes 0
Thank you so much Ben!
Post: Not approve due to low income
Kathy R.Posted
- Rental Property Investor
- Orlando, FL
- Posts 2
- Votes 0
Hello everyone,
I’ve been doing my research on and off. As I would like to purchase my first property to rent. However, I make 25k and was denied a 235k loan 🤭. I’m looking for a second job at the moment as a customer service working from home to increase my income and only have 5k saved.
Any suggestions? Should I just save more money if so how much? and should I wait for all this to come to past and than try buying again with an FHA loan? This whole denial has discouraged me...
Any suggestions would be appreciated.