Curious about the house buying experience for freelancers. Just spoke to a bank and they were utterly confused by my mix of W2 and 1099 work. Were you able to qualify for conventional loans? Did you have to do a bank statement? Broker or bank? Thanks.

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I had a feeling it would be an issue, so I just bought my house with cash. The buyer liked that.

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Maybe a couple more years freelancing and I’ll look into that.

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I was freelancing when we purchased home in now, spouse was employed FT.

Mortgage broker said to just leave me off the mortgage. That the 1099 wasn’t going to help us get approved and in fact could work against us.

Good luck.

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You can do a bank statement loan.

You just have to find the right person that has the right mortgage tools (loans) for you.

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Any insight on the renting experience?

I wasn’t able to do a conventional loan I had to do an FHA and I only had to put 3 1/2% down and my credit score was like a 620. I had to get it to a 620 but I was only out like $9000 For my down payment 

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Hi.. I am happy to join here. Seems to be an amazing platform.

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Additional Posts in WFH Freelancers

Recruiters in the USA

I'm London based, never worked anywhere else, but I like the idea of freelancing abroad while it's simple what with all the WFH.

Can anyone recommend any good US-based recruiters? I am a senior copywriter.

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Not sure if anyone is gonna be down for this but i know of a writing gig with a rate of $60-$80/hr. It’s mainly website copy for a web3 company so it could be good to get that experience. DM if you’re interested.

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Question to freelancers: why?
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Friendly reminder folks- don’t work for Havas Health and You. They cut the freelancers hourly rates, again and made it so there’s no OT. The resource manager at HOV said if I couldn’t swing $80 an hour as an HCP copywriter, she’d have to find someone else. Good luck 👍🏻

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Does anyone know of a coworking spaces that focus on creatives and/or marketing companies? All the ones I know of like technexus, wework and 1871 in Chicago are tech company focused.

I’ve been a freelance print production designer for many years, and usually on-site in the before times. Now I work remote, and am finding it uneasy dealing with billing. Before I always billed hourly, which made sense, but it’s becoming an issue now. Some companies don’t have a full days’ work, so it seems wrong to bill full days, and it allows me to juggle projects for different companies, but my billable hours are down. I know I should bill a daily rate, but not sure that will fly. Thoughts?

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What percent is set aside for federal?

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Anybody looking for a freelance digital designer? Looking for some new clients. DM please!

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Advice on choosing healthcare as a freelancer? Very new to this world and overwhelmed trying to find the right option. I’m 29, relatively healthy, single and no kids.

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Is WFH/remote work here to stay for freelancers? I’m in LA and considering a move to a much smaller market (Atlanta) but I’m worried about losing clients if I can’t physically go into the office (whenever that starts happening again).

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