How Can i get a loan?

[Yousef Morshedian]

Im interested in a 4-plex which i will owner occupy 1 unit and rent out the other 3 . i will also manage it.

The 3 units will pay for the entire mortgage and expenses.

I can prove that i have enough money saved to be able to pay the mortgage for a year even if i didnt have any tenants.

BUT I have no experience managing a property.

I am currently not employed, recently quit to peruse real estate.

And i cant prove 2 year at same job.

All i got is last 2 years of W-2 at two totally different jobs and incomes.

Credit is in low 700's but never had a mortgage.

Can i get a loan?

Dont have 2 year exp at same job.

[Jason D.]

@Yousef Morshedian certainly cant get a conventional loan. Maybe a private loan, but that's a long shot.

How much time are you spending on real estate that you needed to quit your job?

Sort of put the cart before the horse....