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Updated almost 3 years ago,

User Stats

7
Posts
7
Votes
Erik Kostyuk
  • Granite Bay, CA
7
Votes |
7
Posts

Can I refinance a rental with no other stated income

Erik Kostyuk
  • Granite Bay, CA
Posted

Hello all, I have the opportunity to buy a rental in my area off-market that makes sense for the first time but I want to know if I will actually be able to refinance it if I get it. I am a college student with no debt, but my income comes from flipping cars as well as other side jobs. I've saved enough to put 20% down as well as any other repairs that may come with the property and I know I can get a hard money loan. Before I go for it I just wanted to make sure I can actually refinance it or is there no one who will approve me.

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