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Creative Real Estate Financing

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John Anderson
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New investor with question about financing

John Anderson
Posted Nov 11 2019, 16:59

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).

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