Rent Out and Upgrade: A Smart Move for Self-Employed Homebuyers!

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1 year ago

🏠 Thinking about upgrading your home but worried about being self-employed? We've got the perfect solution for you! In this video, Justin from JK Mortgage shares an insightful conversation he had with a self-employed friend who wants to buy a house without selling his current one. By renting out his current home, he can use 75% of the rental income towards his new mortgage qualification.

Plus, JK Mortgage considers the income extracted from tax returns and excludes business-related liabilities, making the debt ratio work in your favor.

Worried about your credit? Don't be! Justin offers SOFT tri-merge credit reports to avoid any negative impact. If you're a self-employed individual looking to buy a new home in the next four to twelve months, without any pressure from loan officers, give JK Mortgage a call.

Let's make your dream upgrade a reality!

🌟🔑 #UpgradeYourHome #SelfEmployedHomebuyers #SmartInvestmentMoves #JKMortgage #RealEstateSolutions

Justin Kautz: 559-679-5730 - Call or Text 7 days a week

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Justin Kautz
JK Mortgage & Relocation Specialist
CA TX TN GA FL - coming soon: OK LA AL
NMLS: 913358 CA/DRE: 01447986
Call or Text: (559) 679-5730
jk@justinkautz.com
3242 E Coast Hwy
Corona Del Mar, CA 92625
Spot ON Lending, Inc./Full Service Mortgage Group
NMLS:02066654 | 60DBO-154093
Georgia & Texas NMLS#1767407
Florida NMLS#MBR5826 Tennesse NMLS# 1243230

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