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Updated almost 14 years ago, 01/27/2011
0 income, have cash, fico 800 - loan possible?
As in the title, I have no income but I do have cash. Do you think I could get a loan at a reasonable rate, or am I limited to cash-only deals? It would be nice to utilize a little leverage. My FICO is around 800.
I'm interested in SFR with break-even cash-flow. Might be part of a 1031 exchange.