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Updated almost 3 years ago,

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10
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13
Votes
Jessica Price
13
Votes |
10
Posts

If you had 18k to invest as a 1099 employee.. what would you do?

Jessica Price
Posted

I have been wanting to buy a property for a couple of years now but I am a 1099 employee, so getting approved for a loan has been very difficult. 
I live in an expensive market - Austin, TX. 
Would you find a DSCR loan and buy out of state, in a cheaper market with 20% down or would you save the 18k and find a new job with a w2 so you can buy in Austin with 3% down?

Help please and thanks! :) 

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