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  1. S

    Is There Any Loan I Can Get - Self-employed

    We managed to get owner financing, as he looked at the same things we showed everyone else but isn't bound to the same laws and so was able to use common sense :)
  2. S

    Is There Any Loan I Can Get - Self-employed

    We would be trying to base on 2015--2014 is the year we wrote too much off. In the meantime, we're saving up more money. I understand why the government says they are doing what they are, but it's really frustrating for people like me who can prove income another way but aren't allowed to. Taxes...
  3. S

    Is There Any Loan I Can Get - Self-employed

    Oh, good. We don't have rental. I do get paid royalties, though. Not sure what schedule we use for that. I'm a USA Today bestselling author. I have about 100,000 people cheering me on to get this loan. Look forward to promoting whoever ends up helping us!
  4. S

    Is There Any Loan I Can Get - Self-employed

    I'll have to see if we use Schedule E or not. We're also looking into paying someone to co-sign for us. This way they have a couple years of collateral in the event we don't pay. Which won't happen, but I get that people need peace of mind. Those offering stated income loans seem to want TWO...
  5. S

    Is There Any Loan I Can Get - Self-employed

    1) We normally don't write off everything we can. We did it last year, and everyone wants two years of taxes, so even if we "report normally" this year, we'll be screwed because of last year. Because rent is so high here, we do have to write off more than we want. It's a catch 22: To afford high...
  6. S

    Is There Any Loan I Can Get - Self-employed

    I'm thinking of paying someone to cosign. My plan. I put $30,000 down on a $65,000 house. This will make the amount owed $300 a month. Then I give $5,000 collateral to the co-signer. This would cover about 16 months of missed payments. Which would NEVER happen, but this is so they can have...
  7. S

    Is There Any Loan I Can Get - Self-employed

    Okay, we did a "how much can you afford" calculator, and apparently if we get another 5,000 to put down, we could qualify even with our low reported income on taxes. I guess that's worth a shot.
  8. S

    Is There Any Loan I Can Get - Self-employed

    Thank you for at least giving me an honest answer. The issue is that one year we wrote off a lot more than usual (last year) because we had to. We don't normally write off that much. This year we will report a normal amount. Maybe you can give me an idea. With 720 credit middle scores, how much...
  9. S

    Is There Any Loan I Can Get - Self-employed

    My husband and I have been self-employed for a decade. During this time we have paid all of our bills and sometimes a few of other people ;) We currently pay $1300 a month in rent and ave (one time and never missed payment for the last 6 years). At one point (for 2 years) we were paying double...