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Samantha Jones
  • Investor
  • Florida
4
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6
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Loans for Self Employed Investors during these uncertain times

Samantha Jones
  • Investor
  • Florida
Posted Aug 3 2020, 10:15

Hi, I'm a self employed investor using my rental income as my only source of income (like many of us are). Looking to use 80K home equity from my primary to use as down payment for next House Hack. Trouble is no one wants to give me a home equity loan as I'm self employed and cant use the rental income as my source of income. They are suggesting a cash out refinance. I have above average credit and savings in a trust that can be used as source of monthly income. Though they say that still doesn't help as I'm self employed....Who's an investor friendly loan company that can help us self employed investors out? What other creative suggestions could I look at to buy my next house hack property? COVID has changed the lending game......