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Updated almost 10 years ago on . Most recent reply

User Stats

65
Posts
6
Votes
Michael McDermott
  • Developer
  • Media, PA
6
Votes |
65
Posts

How to cash out refinance without a W2?

Michael McDermott
  • Developer
  • Media, PA
Posted
Like the title says, I'm curious how full time investors pull out cash after the rehab without W2s? What lenders do you use? Or do you just structure your private money deals for a longer time frame to avoid this? I have private money set up, am finding deals but am curious how to navigate this step.

Most Popular Reply

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5,752
Posts
3,860
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Michael Noto
  • Real Estate Agent
  • Southington, CT
3,860
Votes |
5,752
Posts
Michael Noto
  • Real Estate Agent
  • Southington, CT
Replied

@Michael McDermott There are lenders who lend based on the asset rather than W2 income.

Search the forums for "asset based lending/lenders" and I am sure you will see people who specialize in that area of real estate chiming in.

  • Michael Noto

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