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Updated about 2 years ago on . Most recent reply

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Nessa Lyn
  • Investor
  • Albany, OR
4
Votes |
22
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Advice needing on w2 jobs

Nessa Lyn
  • Investor
  • Albany, OR
Posted

Advice Needed.

I feel very stuck at the moment. My goal is to invest in real estate but I'm struggling with the w2 job aspect. 

I currently make money with Uber/Lyft and I flip items to sell online. I have 3 Aussies that keep me from working 40 hours a week. My previous work experience in Mental Health (9 yrs)

My questions are:

1. Do I just need to get a w2 paying ft job somewhere in order to qualify for a loan?

2. Would it be best if I go back to Mental Health so that I have more than 2 years in a certain field?

3. Should I get a job somewhere in the real estate world like Property Management or an Agent?

Thanks in advance for all your help and advice. 

Most Popular Reply

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9,861
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Eliott Elias
  • Investor
  • Austin, TX
5,555
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9,861
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Eliott Elias
  • Investor
  • Austin, TX
Replied

You do not need a W2 to get a loan. Utilize owner finance and DSCR loans to own rentals.

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