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Updated about 1 year ago,
How to finance 3rd Rental - now with no W2 income
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+