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Updated over 8 years ago, 09/03/2016

User Stats

46
Posts
5
Votes
Keith Fowler
  • Flipper/Rehabber
  • Pensacola, FL
5
Votes |
46
Posts

Quit my Job, Cash out my 401K, buy more RE investments.

Keith Fowler
  • Flipper/Rehabber
  • Pensacola, FL
Posted

I'm just days away from closing on a duplex . The rental portion of the duplex will cover my mortgage and upkeep.

When I quit my current job I want focus on my small business and also supplement my income by cashing out my 401K and buying another multifamily investment property.

 I will have about 20,000$ on hand after taxes and fees. I found a few properties for under 100K that can cash flow 1000$ every month.

How can I get financed for an investment property without having 2 years of tax returns from my new business???

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