Seasoned investor without W2 income seeking loan products

[Steve LeBlanc]

I'm a seasoned investor with a modest cash flowing portfolio ($2.8M value, $200K annual gross income) and capital in the bank.  My wife and I have left the workforce and consider ourselves retired for the time being.  I am 42, she is 37. We still want to pursue investments though.  I have 10 Fannie/Freddie mortgages under my name only.  The wife has zero.

Our current limiting factors are that I have the 10 mortgages and neither of us have W2 income.  I have reportable income from other sources (pension), but the goal here is to get some mortgages under my wife's name, who does not have any reportable income at the moment, and getting a job is not an option as she just left her six figure position for retirement.

What's the best way to work around this situation?

Who are the lenders that are lending against forecasted rental income from the subject properties?  Do they exist?

[Account Closed]

Have you tried commercial loans? Commercial loans can lend to you based on the cash flow of the property. As long as you have decent credit score and the down payment money (25%), you should be able to qualify. No W2, paystub needed. The downside is that the interest rate is usually 2% higher than conventional residential mortgage.