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Updated over 3 years ago on . Most recent reply

Sara Donohue's profile image
Sara Donohue's profile image
Sara Donohue
  • from Jacksonville, FL
  • Member since May 11, 2020
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19
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4
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Sara Donohue's profile image
Sara Donohue's profile image
Sara Donohue
  • from Jacksonville, FL
  • Member since May 11, 2020
Connect
Sara Donohue
  • Jacksonville, FL
4
Votes |
19
Posts
General Real Estate Investing

HELOC WITHOUT VERIFIABLE INCOME ?

Sara Donohue
  • Jacksonville, FL
Posted

Long story short- I am doing a bank statement loan in hopes to secure our second property. I Need about 20k more to cover closing/ down payment etc. Can my partner get a heloc out on our currently property without showing income?! He is the only one on the mortgage. I am on the title. Is this possible ? Any other options I’m not thinking of ? We both are self employed and I’m the primary breadwinner .

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