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Updated about 3 years ago,
Loan options after quitting my job.
Hello BP friends!
Rookie and first time buyer here.. I really could use some advice/guidance for the predicament I am in. I just quit my w2 job in hopes of purchasing my first invesent property. I have 110k at my disposal for purchase/rehab. Are there any loan products out there for me, without having a w2 job at the moment other than hard money? I had to quit my job ,due to the fact that I worked as part of a boat crew down in the Caribbean full time, making purchasing a property a little uncomfortable for me. I got pre-approved already but that won't go through anymore once they do employment verification.
Also. Has anyone had any luck getting seller financing on off market deals? That seems like a long shot. Thank you for your time!
Sincerely,
Christopher