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Updated over 6 years ago,

User Stats

1,257
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221
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Mary Jay
  • Glendale, AZ
221
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1,257
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Is it possible to get loans after stop earning W2?

Mary Jay
  • Glendale, AZ
Posted

Hi guys, I have always worked but would like to stop at one point. Would it be still possible to buy real estate through conventional methods without W2s?

Lets say one makes 100K in a corporate America on W2 (which is about 6K per month after taxes). Lets say this person has 6-7 properties that cash flow and make that 6K per month. So the person quits his/her job and has this 6K cashflow per month. Will banks lend? Or no?

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