Have cash but low income historically

In order to secure a mortgage you will have to show an income. The income will have to offset any debt you have & you will have to qualify with debts to income.

There are asset depletion loans available. They take your assets and convert that into income that may be able to help you. Give me a call I would be happy to discuss your options. Chris Gummerson 714-367-5125 ext. 2251

Good answers previously, you really need to pick an experienced and knowledgeable mortgage officer and work with them to figure out your options.

HI - I'm a lender in nearby Sonoma County, and my bank does have a asset depreciation loan for homebuyers like yourself who have a lot of money in the bank. Call or text me to discuss - Marty Stern, 707-364-4115. (Or email me at marty.stern@homestreet.com)

We have stated income loans available for non-owner (rental) property, and may be able to use much less than 24 month's income documentation on your new venture. We could loan up to 50% to 75% of the property purchase price, based on the current income situation.