Ample Foreclosure
How can I take out a mortgage on a property to start flipping foreclosures?
I have never had a job. I am self-employed with ample cashflow to make mortgage payments, but no bank I have asked will let me take out a mortgage without two years of tax returns.
Correct – I don’t read / watch the news.
I wouldn’t be so daft as to speculate. I’m joining forces with someone who has been in the industry for years – one who has successfully (and consistently) flipped houses in today’s market.
Let’s stay on topic.
Do you report your income to be taxed? If you’re not playing by the rules I don’t see why anyone would want to help you out in that respect. I have heard of others who were able to get mortgages on self employed income when it is provable and reported to the IRS, as income is supposed to be.
Morris and Raper: Luxury Foreclosures @ Ewell Parc Townhomes in Gwinnett close to 316 and I-85
