Newer investor looking for advice on next rental Aquisition

3 Replies

I’m looking for advice from more experienced investors. I own a rental property free and clear and I’m looking for my next one. My issue is that I do not have tax returns to get another loan for my next property, but I have the money for my next property. What would you suggest for me to get my next property? Cash out refinance? I have enough money for the down payment but I need help carrying the loan.

The refi will require the same qualifications as an initial mortgage. Do you have anyone willing to be a co-signer? I've done that before when I had the money but not the qualifications. Or you can do a partnership with someone who puts their name on the loan and you put the cash in. I've done that too.