New investor with question about financing
Hi. Forgive me if this is too newb.
I'm looking to invest $500k cash into rental properties for income. I want to leverage, but can't use income from other sources to satisfy debt to income ratios (I'm self-employed). So, let's assume I buy a 200k house and get it rented. How difficult is it to get financing so that I can pull some of the equity out to buy more homes? Is there a way to do it without showing income from other sources? It seems like this would be a common problem (meeting debt to income ratios).