Need To cash out refi ASAP but can’t prove income
Hey Bigger Pockets,
I’ve been flipping for about 2 years and have been doing some retail real estate sales as an an agent part time to pay the bills. February last year I bought my first home as a flip and have since finished the rehab. I’m 20 so this years taxes will be the first I show any real income. I’ve talked to 5 different banks and 3 different mortgage brokers and none of them can help me (even after my brother who makes 80k agreed to co-sign). I’ve got 2 other projects going and I desperately need to cash out on my principal to finish them up. I owe about 200k In Hard money on the principal and it’s worth about 350k. My credit is 700+ if that helps.
Thanks!