low/no W2 or 1099 income, hi assets - can I get a REFI loan

low/no W2 or 1099 income, hi assets - can I get a REFI loan

Investor · Pasadena, CA · Member since 2015 · 52 posts · 16 votes

Hey BP community,

I have a unique lending need and not sure how I can accomplish it, if at all.  I haven't been working for quite a while so have no W2/1099 income. I do have several cash-flowing SFRs with good equity positions and high-balance brokerage accounts.  My goal is to refinance one or more of my properties at a lower rate so I can pay more toward principal each month and own them outright sooner.

Can anyone recommend an asset-based lender or other creative way to do this?

Thanks,

James

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  • Investor · San Antonio, TX · Member since 2016 · 42 posts · 25 votes
    6y

    Hi James!  I have a few lenders that might be able to help.  If you'll send me a message with some more details I can see if I can find a solution for you.

  • Jared RineBusiness Member
    Lender · Sacramento, CA · Member since 2009 · 1k+ posts · 277 votes
    6y

    @James Thiel...did you find what you were looking for?  

    Jared Rine United Lending Partners53 Reviews
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