Quote from @Jonathan Greene:
You are really asking this? How do you think you can get approved for a conventional loan without a job and why are you trying to invest in property, get a loan on it, when you have no income? I would focus on getting a job and not properties.
If you were dead set on it, you could use a DSCR loan as your only option if the lender will approve it based on the property rentability.
Yes, I am asking this for real, I'm trying to invest because I want to start somewhere to build my own business. The market is not great right now for finding a job in IT and I'm tired of getting off people and again recruiting them. I do not know anything other than computers and IT and been exploring what else I can do to switch my profession.
I do have cash reserve invested which I wanted to utilize and acquire properties so that this becomes my primary business line and yes, I do have cash flow because my spouse is earning.
