Quitting my W-2 job, qualifying for a mortgage.
I'm a bartender making around 100k/year, I'm also a part-time construction worker. I've managed to save 400k and have 4 rentals that cashflow about 2k a month. My strategy has been B.R.R.R.R. so far and would love to continue with that. My bartending job takes up most my time working 5 days a week, I would love to quit so I can focus on real-estate. My concern is qualifying for loans with no W-2. Anyway around that? Thanks for your time!
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We just quit our W2s and are using lenders who loan based on 'asset performance' - just like what @Jeff Langley mentioned. No income verification, it's just based on the asset and a good credit score. We found a few of our lenders via Facebook on our local investor group pages.