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Illinois Real Estate Q&A Discussion Forum

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Jeremy Holleb
  • Rental Property Investor
  • Chicago, IL
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25
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Post COVID funding issue

Jeremy Holleb
  • Rental Property Investor
  • Chicago, IL
Posted Apr 14 2020, 10:55

Hello everyone. I was unfortunately laid off from work as a result of COVID-19. I was ready to pull the trigger on a few deals and was about to approach some banks prior to losing my job. I have $230,000 in cash ready to go. Will the lack of a job prevent me from getting financing on a deal?

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