07/08/2024
Did you know you have more than one option to buy a home if you are self employed?? Big banks will take your income from your Schedule C or Form 1120 AFTER all of your right offs. They take your net income after expenses, most business owners expense as much as possible to reduce taxes. As a broker, we can use bank statements, P&L, or 1099's for your income! I helped a self employed borrower close on this gorgeous $1.3m home while a bank could only get him approved for $450k! Contact me with any questions, I can show you how it works:))
