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Old 05-29-2011, 05:09 AM  
arock10
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Join Date: Jan 2006
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Also, what always catches my eye in your threads is the mention of getting a million dollar mortgage. Most people aspire to getting a million dollars or some other concrete amount. Do you have an above 740 credit score? There are many factors that go into getting a mortgage and it's not just cash on hand or income. As someone self employeed, you'd need 2-3 years of consistent increasing income reported (I'm just assuming you live/want a mortgage in the US). So even if you got your extra couple sales a day or whatever, you'd need to sustain this for a couple years to qualify. You'd need a rather large credit score to qualify for a jumbo mortgage and 20%+ for a downpayment (so $200k+).
So maybe you should lower your goals some
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