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#1
11-30-2007, 01:39 AM
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Re: Looking for some general advice about buying my first house.
[ QUOTE ]
i have been wanting to start investing in real estate for awhile now, and i just want to know from any poker players that own a house how hard is it to get a mortgage if your occupation is a professional gambler. [/ QUOTE ] It's hard for anyone to get a mortgage now, especially if you don't have all the paper trails. If you're a pro gambler, make enough and have the proper documents to prove it you should be in reasonable shape. 
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#2
11-30-2007, 10:08 AM
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Re: Looking for some general advice about buying my first house.
This is not necessarily true its always going to be hard as a pro gambler IMO your best bet is to have an LLC that you have paid yourself out of for 2+ years. That being said there are so many ways to creatively finance this kind of stuff like owner financing, wraps, assumptions, private second loan or taking on a partner.
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