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Updated over 3 years ago,
Refinance Options wIthout W2 income
Hi All,
I hoping to get some direction and advise from you pros out there on how to BRRRR and secure long term lending WITHOUT a W2. My wife and I have had a lot of success builiding up a good real estate portfolio by BRRRRing single family homes, duplex, triplex, four plex, and 8-plex. The difference between now and then is I no longer have my W2 job (which banks loved). I left my division vice president role to go into real estate full time. We have plenty of investors willing to lend short term- which is great- but I'd really like to keep BRRRRing and building our portfolio vs. flipping. David Green, on a recent podcast, had mentioned refinanceMyrental.com (Dominion Financial). They will refianance a property based on the assets performance and not youR income levels---they did deny my project, however, due to the fact that it is is a lower population density area. Darn!
Anyr alternatives suggestion would be greatly appreciated. Thanks all!