Advice needed for financing

[Connor Duff]

I've spent the last couple weeks looking at deals out of state (Arizona) with the intent of purchasing my first rental property. I've been with my current employer now for about 1.5 years and was with my previous employer for about 2 years. Do lenders typically look for a certain number of years of work history with your current employer? I'm looking for a new job so I'm wondering if I need to wait...

[Walter Bennett]

This is my 2 cents.  If you are new to RE investing banks will typically want to see stability with your active income.  If you're a seasoned investor with a longer good standing relationship with the bank then they will look more at the asset itself. 

That is if you are looking at bank financing.