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Updated over 3 years ago on . Most recent reply

User Stats

8
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0
Votes
Joeseph Bivona
  • Investor
  • Fairfield County
0
Votes |
8
Posts

Multi family with no income shown

Joeseph Bivona
  • Investor
  • Fairfield County
Posted

Hey everyone, so im looking to purchase 2, 4 unit properties, but i show very little income the past few years. 1 of the properties is turnkey and the other will need some updating which i plan to BRRR. I have the funds for a 20% downpayment on each. I was wondering if anyone had any advice on how to go about getting a mortgage/Refi on these properties with my financial situation. A bank that will lend on the projected performance of the properties? Maybe one that will take into consideration my projected income for this year? These will be my first acquisitions without a cosigner so any and all input will be greatly appreciated.

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