Video Transcript:
Most people think new business owners must show two full years of tax returns. That outdated belief is incorrect and can stop you from buying your home. I'm David Ghazaryan, and I built a process that ignores that specific rule. Tax returns show lower profits after deductions, so I use your real cash. Instead of taxes, I use your business bank statements to analyze your true monthly deposits. We subtract an expense factor, often fifty percent. (Data may vary over time). A business depositing twenty-five thousand dollars a month gives us a strong qualifying income. This lets you get a mortgage that your low tax-return profit would deny. We also check if your monthly deposits are growing over time. This upward trend is a powerful sign, proving your new business is strong and getting stronger. This structure connects your business cash flow directly to your mortgage approval. I explain this more on my platforms and website; see all links in the description.
Read Blog Here: https://www.iqratemortgages.com/blog/new-texas-business-mortgage-bypass-the-two-year-rule
