I have been flipping houses for quite some time. I use XXXXXXXX Funding for my hard money loans.
I recently finished a 3 family and put a lot more money into it than I should have, and priced it for sale higher than I can get for the property. The property has been on the market for over three months, and I haven’t gotten any offers. But I can’t see selling it below what I have in it.
My lender recommended that I contact you to discuss getting a new mortgage and keeping the property as an investment.
Is there a mortgage product available to me, as I don’t have any permanent income?
You bet there is!
For an Investor Cash Flow (DSCR) mortgage, no job history is required for getting a mortgage. They are ideal for real estate investors with rental properties.
As long as the rental income covers the cost of the mortgage payments, then a DSCR mortgage is available. – It couldn’t be any easier!
Get in touch with me if you want to learn more about DSCR Mortgages, real estate investing, or anything else.