Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

51
Posts
36
Votes
Mark Russell
  • Fredericksburg, TX
36
Votes |
51
Posts

Financing options after having just quit my job to go full time?

Mark Russell
  • Fredericksburg, TX
Posted

Hello all. Ive recently quit my 9-5 to go full time in RE investing. My plan is to do some flipping and slowly transition to the BRRRR strategy to bring in some passive income. I have roughly just over $100000 to get started investing. I have a decent credit score at 700 and have no debt. I own my cars and home. I feel pretty certain that conventional lenders like banks will be out as far as financing deals. So I guess my question is about brrrr. What will my options be for refinancing a brrrr house without proof of income? Will I have to show I did well with the flipping for a couple of years before I could be refinanced? Or are there other options?

Most Popular Reply

User Stats

20
Posts
10
Votes
Tyler Heard
  • Oklahoma City, OK
10
Votes |
20
Posts
Tyler Heard
  • Oklahoma City, OK
Replied

St.  Pephanie sounds cool as well

Loading replies...