How do you get loan for property purchase - With out being employed.

[Gurusubramaniam Sundararaman]

Hi, I moved from CA to NC, and I lost my job. Recently came across a few good within my budget properties and do not want to lose the opportunity to invest and wondering how to go about the loans since I am not employed anymore and the lenders that I was working with for previous properties always ask me for employment verification and 90 days' pay slip.

What are my options to get loans for investment properties? 

[Travis Timmons]

I don't know your situation; if you have 6 figures in cash reserves and waiting to see what is next, go for it. Get a DSCR loan. If you are looking at real estate as a way to earn income since you don't have a job, that's a really bad strategy. Properties really don't make any money for a year or two.