How would you invest 25000 with no income to qualify for mortgage

[Steven Steele]

Good afternoon BP,

I am curious how you all would invest $25,000 without income to qualify for a mortgage. Would you all wait until you get your income back?

[Jason Wray]

Steven,

If you have good credit and $25K cash you can buy an investment property with no income/no tax returns. You would have to put 30% down and the investment property would have to have current tenant(s) in the property. The current rental income would have to be 115% great than the new mortgages proposed PITI payment. An asset optimizing loan allow you to buy a house with more skin in the game and proof that it is income generating from a current rental lease agreement.