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Yes, but it is very hard. A good first start is to find private investors who will co-sign your mortgage because they believe your investment property may become profitable. I did this just a year ago. Also look at properties that are being advertised as rent to own. The owners of these properties are often willing to work with you as long as you can prove your ability to come up with money despite your unemployment such as flipping the rent to own contract for an easy profit. Rent to own properties are a great option for people with bad credit as well. In real estate, deals can be made despite available funds and credit as long as they buyer does her/his research and knows where to look!

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βˆ™ 13y ago
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βˆ™ 13y ago

As a co-signer you are taking responsibility for the loan if the signer defaults. If you are unemployed, why would you want to expose yourself to that risk?

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βˆ™ 13y ago

That is not likely because you wouldn't be a good credit risk.

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Q: Can you cosign for someone on a mortgage loan while unemployed?
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