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Nicole Heasley Beitenman
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#5 Medium-Term Rentals Contributor
  • Lender
  • Youngstown, OH
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Want to quit W2 but don't want to lose ability to get loans

Nicole Heasley Beitenman
Pro Member
#5 Medium-Term Rentals Contributor
  • Lender
  • Youngstown, OH
Posted Nov 21 2020, 07:32

Hi BP.

I'd like to set a goal for self-employment after I hit the 2 year mark with my W2. That's a little over 14 months away. I have a side hustle that's growing faster than I expected, and I also want to get my RE license. I'm working with SCORE to build business plans for both these and my REI endeavors.

But I also wanted to start BRRRR-ing this summer after I sell a property. Is there anything I can do to prepare for the transition to self-employment that will keep me from becoming a pariah amongst lenders, or do I have to choose between my BRRRR goals and my other business goals?

Thanks in advance!

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