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Updated over 1 year ago on . Most recent reply
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Getting Loans with no income??
Hello. I am new to investing. I am trying to find our how to get into brrrrr. While I don't have a current income, I have good to excellent credit.
I am in the middle of closing on my own first home, which is $450,000. I lost my job in November. But I have cash available, aprox 1.5m.
I would like to get conventional style lending so I can minimize my cash investments and maximize my speed to growth, and get to work on finding my first of 10 properties within 3 years.
love to get some insight, creative ideas, or just flat out honesty of my options.
Most Popular Reply
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I am surprised you are able to close on a personal residence without being employed. I am assuming you have investment income? If not then how are you getting your current mortgage?