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Updated over 3 years ago on . Most recent reply

Henrry Carrasquillo's profile image
Henrry Carrasquillo's profile image
Henrry Carrasquillo
  • Lender
  • from Maryland
  • Member since Jul 10, 2022

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Henrry Carrasquillo's profile image
Henrry Carrasquillo's profile image
Henrry Carrasquillo
  • Lender
  • from Maryland
  • Member since Jul 10, 2022
Henrry Carrasquillo
  • Lender
  • Maryland
3
Votes |
8
Posts
Creative Real Estate Financing

Need finance for investment property

Henrry Carrasquillo
  • Lender
  • Maryland
Posted

I will be closing on my first residential home sale . Im rented now. Equity is a165k. I want to buy one or 2 rental properties idealy in perfect world 2units.  But i Need finance. Not working right now. 

No income proof . Got taxes from past 2 yrs  Cash at hand 75k-100k.  

Can someone give me some light! 
Thanks in advance!

Germantown, Maryland
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Nathan Gesner's profile image
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Nathan Gesner
  • #2 All Forums Contributor
  • Real Estate Broker
  • from Cody, WY
  • Member since Apr 27, 2010

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Nathan Gesner's profile image
Nathan Gesner's profile image
Nathan Gesner
  • #2 All Forums Contributor
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  • from Cody, WY
  • Member since Apr 27, 2010
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

Welcome to Biggerpockets!

Even with cash in hand, banks won't loan to you without income. You need to purchase all cash, owner financing, or maybe a hard money lender.

  • Nathan Gesner
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The DIY Landlord Book
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