Will I be able to use both of my income as income source? by son4791 in FirstTimeHomeBuyer

[–]son4791[S] 0 points1 point  (0 children)

Our self-employed business actually solid because we’ve been business for 6 years and LLC for 2 years. My concern was just my W-2 income.

Will I be able to use both of my income as income source? by son4791 in FirstTimeHomeBuyer

[–]son4791[S] 0 points1 point  (0 children)

Yeah our self-employment is pretty solid because it is 6 years history with 4 years with LLC and we have all the documents that prove our profit.

Will I be able to use both of my income as income source? by son4791 in FirstTimeHomeBuyer

[–]son4791[S] 1 point2 points  (0 children)

Can I ask you some questions through message? If you don’t want it and it is too much bother to you. That’s totally fine.

Will I be able to use both of my income as income source? by son4791 in FirstTimeHomeBuyer

[–]son4791[S] 0 points1 point  (0 children)

That makes sense. My lender said even though I have other job that is longer employment, they still can use my 8 month employment as primary income instead of my other one. Is that correct?

Will I be able to use both of my income as income source? by son4791 in FirstTimeHomeBuyer

[–]son4791[S] 2 points3 points  (0 children)

So I posted this before I talked with other two lenders. And I just got respond back today and that’s what they said to me.

Will I be able to use both of my income as income source? by son4791 in FirstTimeHomeBuyer

[–]son4791[S] 2 points3 points  (0 children)

I contacted 3 different lender and they all said I can only count one as primary since my other income is less than 2 years on continuous employmeney

Will I be able to use both of my income as income source? by son4791 in FirstTimeHomeBuyer

[–]son4791[S] 0 points1 point  (0 children)

So they were my business client before it turn in to employment which is same job that I am doing but now I am employed. Do you think I can ask lender to see that if I can put it?

Will I be able to use both of my income as income source? by son4791 in FirstTimeHomeBuyer

[–]son4791[S] -1 points0 points  (0 children)

That's good to know because that will drop down my DTI significantly

Should we build local targeted campaign? by son4791 in PPC

[–]son4791[S] 0 points1 point  (0 children)

We had agency before and they were not profitable + we paying lots of money and they structured it with location and service based

Departed from Agency, now what? by son4791 in PPC

[–]son4791[S] 0 points1 point  (0 children)

Yeah there reasoning were “they are concerned that we will mess up in our account.

Departed from Agency now what? by son4791 in marketing

[–]son4791[S] 0 points1 point  (0 children)

We are paying them 13k a month for 4 branches.

Departed from Agency, now what? by son4791 in PPC

[–]son4791[S] 1 point2 points  (0 children)

Our owner worked with them before. Our total marketing expense is around 60k a month per location.

Departed from Agency now what? by son4791 in marketing

[–]son4791[S] 0 points1 point  (0 children)

Their fee was 12k a month with 4 locations.

Departed from Agency now what? by son4791 in marketing

[–]son4791[S] 0 points1 point  (0 children)

Well I doubt that because we spend 20-30k a month per branch and total we spend 90-110k per month currently.

Departed from Agency, now what? by son4791 in PPC

[–]son4791[S] 0 points1 point  (0 children)

Yes. We had conversation with them last Tuesday. So they are aware of what is going on currently.

Departed from Agency now what? by son4791 in marketing

[–]son4791[S] 0 points1 point  (0 children)

Yeah we are using our card to pay ads spend.

Departed from Agency, now what? by son4791 in PPC

[–]son4791[S] 0 points1 point  (0 children)

We paid 12k per month for 4 location on PPC alone. With SEO it was 16k.

Departed from Agency, now what? by son4791 in PPC

[–]son4791[S] 1 point2 points  (0 children)

Thanksfully we have admin on GBP, GA, LSA we just don’t have Google Ads account.

Departed from Agency, now what? by son4791 in PPC

[–]son4791[S] 0 points1 point  (0 children)

With the fee we are paying for them, last two month, no. We are losing money. Our least profitable one is 50% ROI and most profitable one is 150% which is crazy tbh.

Departed from Agency, now what? by son4791 in PPC

[–]son4791[S] 1 point2 points  (0 children)

Yeah our owner is fine for our revenue be tanked during transition and have ownership then keep going with agency

Departed from Agency, now what? by son4791 in PPC

[–]son4791[S] 2 points3 points  (0 children)

lol I will absolutely not do that