USE WHAT I'VE GOT TO GET WHAT I WANT!!!
Hello BP family,
so here's what I've got going on:
1- I have two rental homes that have increased in value (same tenants for years)
2- My primary residence has increased in value also
4- I have a business for the last 5 yrs but did not produce any income this year (just got out of property mgmt. biz)
5- My spouse opened his private practice this year so the business is too new, but he has income (just not a whole lot)
6- My mother in law has good credit, same job for 20yrs and wants to buy a home near us and move in it a few yrs later
7- I have a personal friend who's doing wholesale deals
8- I'm a P/T realtor who sold a few homes earlier this year, but I really don't want to sell anymore, I want to be an investor
8- I have no w2 income as I've tried the stay at home mom thing for the past year
So I am trying to figure out creative/ strategic ways to get financing so I can buy more real estate/ and try the BRRRR method (stated docs? mother in law? pull equity from rental homes? non traditional financing?)
BP - What do you think? What would you do? What are some ways to USE WHAT I'VE GOT TO GET WHAT I WANT?