Financing Rental Properties without a W-2 Income
Hey everyone!
I am working towards purchasing my first rental property in the St. Louis market by the end of 2017. I wanted to see what peoples thoughts and experiences are on funding rental properties without having a W-2 income and without paying cash for the entire property. I am working on wholesaling in the area as well to help cover down payment costs and any closing costs that may come up.
I do have steady income but it is from a business I co-own. I know typically its much harder to get traditional financing without the w-2 income. Thanks in advance for any insight and advice!