Looking for asset based lender

[Michael Macaluso]

Hey biggerpockets community.

I have a single family property in New Jersey. The rental income is $2000 a month. I’m looking to replace my fha loan with a loan that uses the rental income to qualify. I’m unable to qualify due to only having one year of business income to show so far.

My goal is to replace the fha loan and go house hack another property. If there are any lenders that you would recommend or know, please reach out!

Thank you!!

Mike

[Andrew Postell]

@Michael Macaluso if you know the product you need but just need it in a specific state try posting in that state forum. Bigger Pockets has some great state forums and usually there are good locals that monitor those. Also, try some local real estate meetup groups. Meetup.com is a good resource for those but some of the groups will also post here on Bigger Pockets Marketplace too. Even facebook might have some good local groups for you. But post locally for this. That’s the best bet.  Good luck!