Financing First Rental Property!

[Andriy Likhman]

I'm looking to buy my first rental property in Columbus, OH, and ideally, do a BRRRR on it. But here is where my push back came in. Lenders want to see a good and steady income for the past 2 years, and I've been a business owner the entire time and by having a good accountant I barely showed any income for the past 2 years. However, I have about $50k to put down all in cash. Is there a type of lender or loan that will not be based on my personal income? Should I open an LLC for my first property? And how to go about showing cash without paying crazy taxes? Need Help!!!!