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Updated over 7 years ago on . Most recent reply

User Stats

18
Posts
12
Votes
Austin Latty
  • Elizabeth City, NC
12
Votes |
18
Posts

I need advice about quitting my job.

Austin Latty
  • Elizabeth City, NC
Posted

Hello BP,

I need some advice.  I have the opportunity to quit my job and partner up doing wholesaling full time, we are actually starting to get some deals done now.  I am excited about the opportunity, and the benefits it can bring, however I need some input.  I have a little apprehension because I want to start purchasing rental properties within the next year, and I know that it gets much harder to get a loan without a traditional W-2 income.  Have any of you guys dealt with this, and if so, what is your advice?  Thanks for all your help as always!  

Most Popular Reply

User Stats

352
Posts
194
Votes
Benjamin Seibert
  • Investor
  • Frederick, MD
194
Votes |
352
Posts
Benjamin Seibert
  • Investor
  • Frederick, MD
Replied

Yes, it can be harder to get funding without a traditional W-2 income. Is it an option to continue to work your normal W-2 job and do wholesaling on the side for a couple years? This way you could save more, start building your rental property portfolio and start wholesaling deals as well.

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