No job because of COVID, but saved up $20k for a down payment

[Saad L.]

So I saved up quite a bit to put down for an investment property, but I’ve recently lost my job. Can I still apply for a loan? I’m afraid they’ll deny me cause of no employment. Do you guys think I should wait it out or jump the gun and apply for a loan and then house shop.

[Andrew Powers]

You can try to get a typical income-based loan but probably won't qualify. There's other options... hard money loan, owner financing, asset-based loan, private money, etc.... look at the forums, books, etc for getting loans with no W2.