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Updated over 6 years ago on . Most recent reply

User Stats

36
Posts
7
Votes
Enrico Mariani
  • Investor
  • Canton, OH
7
Votes |
36
Posts

Can I refi my quadplex without a job?

Enrico Mariani
  • Investor
  • Canton, OH
Posted
Hello BP, I purchased a quadplex a few years ago. After rehab and rent raises, the value has increased by $50,000 + I started looking into refinancing when I was laid off at my “job”. I’m wondering if any of you have had success in refi without the ability to show income from a 9-5 job. My property has a decent income after expenses but I worry that banks will want to see personal income to back the loan. I’m ready to invest in my next property but seem to have hit a brick wall. Merry Christmas & Happy New Year BP investors!

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