Obtaining Conventional Financing without a W2 after retiring

[Jim Kalish]

Hi BP Family. I'm sure I'm not the first person to have run into this problem so I hope you can give me some advice. First, a little about me. I've been investing part time since 2008. Have some properties rented and have done a couple of flips. In January of this year I retired from my W2 job of 40 years. So now it's time to kick it into high gear. But regardless of what I have saved and have in investments I keep hearing that without a W2 conventional lenders have their hands tied by Fannie and Freddie. Before retiring I had no problem getting multiple mortgages, doing cash outs, etc. Now its a real problem. I'm at the point that I may get a job just so I have a W2 to point to. Has anyone run into this and does anyone know of any lenders who rates and terms are reasonable that will loan to someone like me. I'm ready to go the BRRRR route but if I can't refi I'm going to run out of cash pretty quick. I have plenty of reserves, just not that magic W2.

Thanks in advance for your thoughts.