Changing Jobs Effect On W2 Income Requirement
I am thinking about transitioning jobs/careers and am wondering how this affects my ability to get loans if anything. All that I am aware of is that if I do so, I must not do so in the middle of getting financing. I'm trying to wrap my head around the need for 2 years of W2 income for financing. Does that mean I would need to stay working for two years or am I able to switch jobs but still somehow fulfill the requirement? I essentially want to have a W2 job more as a hobby and rely on my rental income to reach financially freedom. I know it is easier as well to get conventional financing by continuing to work, which I do not mind. Any advice is appreciated!