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Yes, but it is very hard. A good first start is to find private investors who will co-sign your mortgage because they believe your investment property may become profitable. I did this just a year ago. Also look at properties that are being advertised as rent to own. The owners of these properties are often willing to work with you as long as you can prove your ability to come up with money despite your unemployment such as flipping the rent to own contract for an easy profit. Rent to own properties are a great option for people with bad credit as well. In real estate, deals can be made despite available funds and credit as long as they buyer does her/his research and knows where to look!
What else can I help you with?
Can you get a mortgages while unemployed?
No, because you don't have money to pay the mortgage.
Is someone liable for hospital bill incurred while unemployed?
A person is liable for a hospital bill that is incurred while unemployed. Once the bill is issued, you can apply for charity care to offset the costs.
can you soical secuity while you are pregnant if you are unemployed ?
can you get social security while you are pregnant if you are unemployed
If you cosign a car loan for someone and they while under suspension could you be in trouble too?
Co-signing a note means you will be legally liable if that person can not pay.
Can you cosign for someone else if your on SSI?
Yes, you can cosign for someone else while receiving Supplemental Security Income (SSI), but there are important considerations. Cosigning can affect your financial situation, as it may impact your SSI eligibility if it creates additional income or resources. It's essential to ensure that you fully understand the financial implications and consult with a financial advisor or SSI representative before proceeding.
What is the best type of mortgage for someone in the UK?
The best type of mortgage will depend on the circumstances of the individual. Some will do better with a fixed rate while an adjustable rate will be better for others. A discussion with a mortgage broker or other mortgage professional will determine one's options.
Where can one find information about mortgage leads while looking to buy a house?
There are many places a person can look to find information about mortgage leads while looking to buy a house. The site mortgageleads is an excellent place for someone to look. Also, checking the newspaper a person can find mortgage brokers and call them for information.
If you cosign a car loan, are you liable for accidents that occur while the borrower is driving the vehicle?
Yes, if you cosign a car loan, you are typically not liable for accidents that occur while the borrower is driving the vehicle. The borrower is usually responsible for any accidents that happen while they are driving, unless there are specific circumstances that make you legally liable.
How do you make new friends while unemployed?
you get a job. just do it! -Nike
How does cosigning for an auto loan affect your ability to get your own auto loan?
Never cosign a loan. While I agree that one should NOT cosign. cosigning can hurt or help. Remember that if they do not pay you have to. Cosigning will affect your credit and count towards your debt to income ratio and show as an open joint auto loan. You might be turned down to get your own auto loan without a cosigner if you cosign.
What are the key differences between mortgage protection insurance and life insurance?
Mortgage protection insurance is designed to pay off your mortgage if you die, while life insurance provides a lump sum payment to your beneficiaries when you die. Mortgage protection insurance is specific to your mortgage, while life insurance can be used for any purpose.
Can a felon cosign an apartment?
It depends on the policies of the landlord or property management company. Some may allow felons to cosign, while others may have restrictions based on criminal history. It is best to directly inquire with the landlord or property management to see if they will accept a felon as a cosigner.
