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Old 08-05-2007, 12:23 PM
LearnedfromTV LearnedfromTV is offline
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Join Date: Jun 2005
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Default Re: Question re Turning Pro - When is Best?

[ QUOTE ]
Your chances of getting a home loan as a pro gambler are slim to none. Even Hellmuth had trouble for a long time with this.

If getting a home is very important to you, you unfortunately shouldn't quit your job, and this is coming from a guy who tells everyone to quit their job.

[/ QUOTE ]

I don't know the Hellmuth deal but from my experience this is not true. In my case we officially had to use my wife's income to get the loan but the reason was I did not have two years of earning history in this job. Our mortgage agent said that a year from now I would be able to get a house on my own (hypothetically obv).

And I think the way we did it may have just been easier/gotten us a better rate than if I were buying solo.
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