All Forum Posts by: Niki Jacobs

@David Dachtera,  

I do believe that too. I am still learning as much as I can. Thanks. 

@John Thedford, thanks for giving me the insight on HML.

Hi Everyone, 

My husband and I wanted to start investing either in house flipping, or buy and hold. We have over 30K in our saving, but the problem is that he lost his job a few months ago. He was a financial analyst at an oil and gas company. I do have a real estate license, because we were planning to make an income from both our investment properties and my commission when we buy properties on MLS.

I noticed that private money lenders or hard money lender may be able to loan money to people with no income, but still may look at whether the borrowers have few months reserved in their bank account. 

Should we wait until my husband get a full time job again, or should we just go for it? 

I would greatly appreciate any input on how we can figured out what to do in this situation. 

Thank you, 

Niki 

Thank you for the replies, guys. Soo excited to start.

I recently became a real estate agent with the main purpose of becoming a full time real estate investor as my parents did. Looking forward to learn more about investing, and meeting people online and locals who share the same interest and learn as much as I can. Niki Jacobs