So if i make say 12k a year personally working part time, get

>>1877072
No

>>1877072
No. This isn't 2006.

Maybe have your parents cosign. Maybe.

>>1877097
by 2006 you mean the housing bubble?

>>1877097
also is it even a good idea to try and by a house, and using student loans to pay the mortage off for the first few years, i feel like it would be nice to not have to just lose that money to a landlord and have my own house out of the deal as well.

>>1877102
Yes. They would give $700,000 loans to illiterate Spanish-speaking farmhands earning $25k.

It was a fun decade.

>>1877107
ive got a 710 credit score if that makes any difference

>>1877106
Buying a house and renting it out to some roommates can be a good deal. Especially if your parents can provide some backstop, you don't mind doing maintenance, and you'll have/graduate with stable employment.

Buying a house with nothing but student loans is setting yourself up for disaster. Also, spoiler alert, Trump will be derailing the academia gravy train pretty soon. Don't plan to be borrowing as much as you'd like at low interest rates for the next four years.

>>1877153
710's ok, should rise as you get more established (years pass, more lines of credit) assuming you aren't a fuckup. What you don't have is income. Banks don't give mortgages if you have a shitty income relative to the loan size. You also don't have much of a downpayment. Look up "FHA PMI" for an idea of what it costs when you don't have 20%.

>>1877072
>AHAHAHAHAHAHAAAAHAHAHAHAHAHAHAA
no.

>>1877072

They look at your income taxes to see if the 2 years worth of income will be stable.

If it were a reliable source and say maybe you have a contract in place where that income will be provided ongoing perpetually for 10-30 years, they may manual underwrite it ok. Or you could go stated income, this basically shows that you deposit money monthly, and it is your income. will need 24 months bank statements though.

>>1877874

btw big banks wont do either of these, will need to hit up a broker that has connections to private funding lenders.

This is called being a fucking idiot
>mum dad and nannas hypothetical cash