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Creative Real Estate Financing

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Nghi Le
Pro Member
  • Investor / Lender
  • Seattle, WA
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How to Finance a House Without Regular W-2 Income

Nghi Le
Pro Member
  • Investor / Lender
  • Seattle, WA
Posted Apr 20 2015, 17:04

My friend and real estate agent is trying to buy a personal residence, but because he's a realtor, he doesn't have a regular W-2 Income.  What kind of options does he have?  Are there any types of banks (or loan programs) that will use his 1099 income and finance his home at a good rate?

I know portfolio lenders loan a little bit differently than conventional banks.  Are there any in the greater Seattle area that can do this?

Thank you in advance!

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