Updated over 4 years ago on .
Buy AZ or CO Residential Investment Properties without W2 Income
Are You Looking to Buy Residential Investment Properties, but don't have W2 Income?
Our Investor Advantage Program may be a solution for you (Licensed in AZ and CO only)
Investor Advantage Program
Qualify using property cash flow
The new Investor Advantage Program, which doesn’t require personal income for qualifying, could be the competitive edge you need. First-time investors are allowed, and there’s no cap on the number of investment properties the borrower can own (max five with us). Only three years of seasoning is required on foreclosure, short sale, bankruptcy, or deed-in-lieu.
No employment or income documentation required. The borrower only needs to have a Debt Coverage Ratio (DCR) greater than or equal to .75.
Programs Features- Income qualification using property cash flow
- Loan amounts to $1.5M
- No DTI restrictions
- Up to 80% LTV
- Loan amounts up to $1.5M
- Cash-out up to $500K
- 30yr Fixed
- 5/1, 7/1, 10/1 ARM & IO ARM
Eligible Property Types: One Unit Single Family Residences (Attached and Detached), PUDs (Attached and Detached), Condos (Low and High Rise), Site Condo, Townhouse, 2-4 Unit Properties, Modular Homes
Please reply to this post or send me a direct message for a quote customized to your situation (only available in Arizona and Colorado)