The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: Vintage Guitars and Capital Gains||Date: 9/12/2007 4:49 PM|
|Author: TannerBoyl||Number: 95829 of 122114|
Posted by: vkg
Is he certain he can qualify for a loan? With "variable" income and the current subprime mess which is tightening loan requirements especially for jumbo loans, he needs to prequalify before making any decisions.
Thank you for your insight!
At this point, I don't know if my buddy alone could qualify for a loan. I do know that his parents are offering their support to help him get into his first property (they own a few income properties).
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