Creative Real Estate Financing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 2 years ago,
Financing options for 1-4 family, w/out W-2 or tax returns?
I own three rental properties currently, with modest DTE ratios (<70%), and strong cash flow. I'm considering leaving my current job and going into RE full-time, to grow the portfolio. I have capital to make downpayments and cover closing costs for additional purchases. The problem I'm running into (a very common one) is that bank lenders want to see personal W-2 income or tax returns as part of the application for an investment property purchase. Are there lenders who finance without requiring personal income, esp if I can show a track record? Is there a way to structure things so that I could do this? Looking to avoid hard money lenders.
Thanks!