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Joshua Cochran
  • Investor
  • Simpsonville, SC
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Getting a bank loan without a w2

Joshua Cochran
  • Investor
  • Simpsonville, SC
Posted

Hello Bigger Pockets Family!

I was wondering how many of you have a small business or some other form of income that replaces a W2.   How do you get financing from a bank without a W2?  

Any articles, books, youtube videos you can point me to?

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Charles Carillo
  • Rental Property Investor
  • North Palm Beach, FL
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Charles Carillo
  • Rental Property Investor
  • North Palm Beach, FL
Replied

@Joshua Cochran

The requirement of the W2 really depends on the type of property you are looking to purchase; they become less important with larger properties. In any event you should be able to submit your tax returns. It is important to work with a lender that works regularly with self-employed people. If you are working with a broker, they should also be well versed in self-employed financing.

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