financing when you are asset rich, but cash flow poor?

[Tom J.]

Hi All,

I am planning to buy several real estate properties.  I have enough cash to buy them, but I have a bit of a unique situation.  I have seven figures in wealth (cash and equities), but I have made my businesses super tax efficient such that I have only about $20,000 AGI for tax-reporting purposes.  Everything is in IRAs, 401Ks, etc.

So for purposes of getting a lender?  I don't show much income.  I have heard there are mortgages that you can get that are tied to your assets rather than income.  Does anyone know about these?

Would I be way better off to just get a family member with a more traditional financial profile to just cosign the mortgage (in terms of interest rates).  

Thanks for any perspective you can provide!