The cart before the house?

[Sam Cook]

Hello everyone, I’m at a crossroads.

First off in like to say I’ve listened to almost all of the BiggerPockets podcasts and interviews and have several of their books and guests books. ( just saying so you know I didn’t just show up without any knowledge).

I’m at a point where I can almost pull the trigger on my first multifamily property. I’ve got some money saved, debts paid down, credit is good. But... I’m also in a position where I can significantly increase my annual income, 2x to 3X’s .

But that would require the money I have and Me buying a Semi Truck, becoming an independent contractor.

Starting my work history from zero. And not qualifying for a traditional mortgage for two more years.

I’m torn.. do I get the house and get started?

And start saving all over again?

Or get the truck that literally could yield 3-4X’s the savings that I can presently save with my salary. And put me in a position to have 30k-40k as a down payment every year?

Any thoughts?

Any truckers?

Thanks everyone.

[Ned Carey]

@Sam Cook what is the best return on your time and money. It sounds like the truck.  Real estate is NOT going to make a significant difference in your financial position in a year. The truck will.  

That said are you fooling yourself about the ability to earn with the truck to justify buying it?