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Updated almost 12 years ago on . Most recent reply

Investing with No Job
Hello all,
This is a question I've had for some time now. Hopefully someone can help.
I hear about people who are living off their investment's cash flow, but no longer have a job, and continue to invest in additional properties. Now how is this possible when lenders require you to have a job?
So I am currently employed, but starting a consulting company on the side. My goal is to achieve 'financial independence' as soon as seriously possible so I no longer have to do the M-F 9-5, and hopefully just do the consulting part time combined with passive cash flow.
How are you investors able to receive lending without a W-2 job?