Financing options for unemployed/self-employed in Atlanta

[Nick Brubaker]

Dear BP members,

My wife and I are getting serious about buying our first investment property(s) (one being a personal residence) here in the Atlanta/Decatur area.  We are looking for either one distressed multifamily property or two single family properties.  

I am wondering though what financing options we can expect as we both recently moved back to the us, are between employment, and will likely be self-employed once we do find employment.  I have strong credit (760) though my wife has a limited credit history as she is now immigrating to the country.  We have a substantial amount of savings which would allow us to pay cash if need be.  However I would prefer to utilize some leverage.  

How difficult will it be for us to find financing?  I am trying to make an appointment with the loan officer at my credit union, but I'm wondering if there are other tips or suggestions any of the more experienced/informed members might be able to send my way.  

Thanks!