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Updated about 1 year ago on . Most recent reply

User Stats

29
Posts
11
Votes
Gregorio Villar
  • Las Vegas, NV
11
Votes |
29
Posts

How to finance 3rd Rental - now with no W2 income

Gregorio Villar
  • Las Vegas, NV
Posted

i purchased my first 2 properties while I had a W2 income, but I left my 9-5 job in August 2023 to pursue building an online marketing agency.

other than a DSCR loan, what other ways can i finance another rental property?

a few relevant notes

1. i ideally want to finance the next house under my business

2. the intent is to buy a 3 bedroom house where we can use 1 bedroom to sleep, 1 bedroom as an office for the business, and the other bedroom to rent out

3. purchase price will be around $500K, and i can use up to $50K for a down payment

4. my personal credit score is 800+

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