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All Forum Posts by: Charlie Nelson

Charlie Nelson has started 2 posts and replied 2 times.

Post: Quit Job - Traveling - Now Ready to Buy - Possible?

Charlie NelsonPosted
  • Rental Property Investor
  • Nashville, TN
  • Posts 2
  • Votes 0

Hello,

I will be moving to Nashville area in January 2020 and I will be looking to purchase my first home. However, I have some concerns about applying for a loan.

I have worked over 7 years with one employer as a project manager in the construction industry making over $145,000 annually in California. I quit my job as of August 2019 to spend time traveling around the world. I will be moving to Nashville area in January as this is where my brother resides.

Will I be able to apply for a loan if upon arrival I am unemployed?

I will have $50,000 cash available upon arrival in Nashville dedicated to investments with a healthy credit score above 770.

Appreciate any advise.

Charlie

Post: Creative rental ideas during interim period of purchasing

Charlie NelsonPosted
  • Rental Property Investor
  • Nashville, TN
  • Posts 2
  • Votes 0

First post to BP!  I move back to the states January of 2020 from my world travels. Any creative/inexpensive short term rental ideas (ie month-month rentals, airbnb) for me to live during my search to find an investment property?  Comfort can be low if it allows me to put more money into my investment.