Question for lenders on financing.

[Gabriel Farfan]

Hey Lenders,

I have one rental property(with ~$100k equity) in Ca, and a few hundred thousand dollars liquid. I'm looking to build my portfolio but I am currently unemployed. How tough/easy will it be to find financing for a multi-family(im looking to BRRRR) out of state with no job? What type of financing would best suit my situation? Thanks in advance for your responses.

[Gabriel Farfan]

@Jared Rine Thanks for the advice! I've contacted a couple lenders and those i have contacted aren't even too familiar with stated income loans haha. I'm waiting to hear back from them as we speak.

@Yul Chang Thank you for the response!

@Account Closed My wiki page is probably not updated. I retired from soccer a couple months ago. Your suggestion is actually what I had originally thought of doing! Its just tough because I dont want to have most of my money tied up in one property just in case theres a market correction. Id like to have a decent amount of liquidity to be able to purchase in that scenario.

Im not too keen on getting a W2 job in the soccer world. Might just have to look for places in Brattleboro,VT haha.