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Updated 12 months ago,
What are some options for someone with no income but a lot of cash to get a loan?
I'm currently in college and have around 400k to 500k in cash but no income. I am confident that i want to invest in real estate full-time starting this year. However, many have pointed out that getting a conventional loan will be difficult with no income. Overall, I am finding ways to avoid getting a job and utilizing my cash as much as possible. Are there any ways i can qualify for a loan on an investment property that produces cash flow ?