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Updated about 9 years ago on . Most recent reply

User Stats

61
Posts
16
Votes
Christopher Davis
  • Lender
  • Knoxville, TN
16
Votes |
61
Posts

Side job w/ investing?

Christopher Davis
  • Lender
  • Knoxville, TN
Posted

Good afternoon BP! 

So I finally made my first cash offer on a condo in Scottsdale! It was rejected in the highest manner possible as I received a letter from the agent telling me it was too low to even counter!!! :) Good times. 

Anyways, I'm 24 with a decent cash reserve to start flipping and investing. I want to purchase a property to live in and rent out the other bedrooms to my friends. However, when it comes to financing I'm struggling because I don't have any W2 income. I know private lending is an option but the numbers don't work with the interest rates. 

So it got me thinking: I probably need a job to produce some W2 income. The problem is finding a job that will allow the flexibility and time to pursue a real estate investing career! 

I also think it would be smart to find something related to this field. It would be sweet to work with someone who does fix and flips but I don't know if that's even possible. 

What jobs do y'all suggest?! :) 

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