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Updated almost 3 years ago,

User Stats

19
Posts
10
Votes
Andrew Wilkins
Pro Member
  • Rental Property Investor
  • Phoenix
10
Votes |
19
Posts

Rookie looking for help finding a loan

Andrew Wilkins
Pro Member
  • Rental Property Investor
  • Phoenix
Posted

I've located a 4-plex (150k 700/month per unit) that's long distance and I'm trying to find some help getting it financed. My wife and I have zero debt, 100k cash but no job at the moment as we sold our house and moved to a new state to help my MIL. We do not intend to owner occupy the property. Credit scores are 748 for me and 800 for my wife. I feel like we are just caught between a rock and a hard place simply because we are not currently employed. This morning I've reached out to about a dozen different lenders and I've yet to find one that can help or is interested in giving a little guidance. Please can someone help me locate a loan product that will help us fund this deal?

  • Andrew Wilkins
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