Buying a home while starting a full time commission job?
1 Reply
Mitchell Palmer
posted 11 months ago
Hello,
I hope everyone is staying healthy during this pandemic. As someone who had been saving up for a downpayment and was recently laid off due to the coronavirus. I’m wondering if anyone has advice on how to purchase a home with no current income and under 2 years of commission pay? Just completed my 40 hour course and plan on being a real estate agent for the foreseeable future after passing the exam in April (testing centers currently closed).
Kirk R.
from Peoria, Illinois
replied 11 months ago
have u tried 18004banker to get a pre-approval or banker will let you know.
i would get your w2 income back. get your real estate license & work realtor as side gig. & buy a house. when u get 6 months emergency reevaluate.