Some financing advice

[Bryan Patterson]

I was wondering if the BP community can help me understand or advice me to how I would be able to refinance a house if I have no job? It's hypothetical. I'm employed now for 8yrs and I just started my paint business. If left my job could I refi using my paint business as my place of employment.

If not, I would like to here how those without a "regular" job refi for cash out for the next deal.

Thanks in advance for all responses and advice 

[Steve S.]

@Bryan Patterson There are options that are purely asset based. It is really gonna matter how much equity you have what the purpose of the refinance is. 

The biggest problem you're gonna run into is that you have an owner occupied primary residence. That makes you subject to Dodd Frank laws and now TRID, which slows things down and limits you. 

Basically ... the federal government has overstepped their bounds and put way too many restrictions on home lending. So it gets tougher and tougher when it comes to your primary residence.