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Updated over 6 years ago, 04/23/2018

User Stats

10
Posts
2
Votes
Sam Gould
  • Worcester, MA
2
Votes |
10
Posts

How do you finance a deal with a down payment and no income?

Sam Gould
  • Worcester, MA
Posted

Hello, bp members. I'm new here my name is Sam and I'm 23. I have a problem to solve. I have a down payment and a fund to live on for a bit set aside, however I have no current income. I would like to buy a small multifamily and live in one apartment. If possible i'd like to avoid using an FHA loan. I think I'm finally going to do it thanks to watching all the inspiring bigger pockets videos on youtube. I really like my current apartment because it's well taken care of. I plan on managing the property myself. I want to give people a nice place to live at a decent price. :) Has anyone bought a property without an income? How did you do it?

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