Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

7
Posts
3
Votes
Dina Joseph
3
Votes |
7
Posts

Investing as 1099 employee

Dina Joseph
Posted

Question: How can I invest as a NEW 1099 employee (Ex. independent insurance agent commission only)? My last two years of taxes are from a different W2 job. How can I prove to the bank I can afford a property? I would like to house-hack FHA on a duplex, but if that's not applicable based on my new employment, I would purchase a single with 20% down. Is that my best option to get started? What are some strategies 1099 employees use to avoid waiting on the sidelines while they don't have 2 years of taxes to show? - Dina Joseph

Most Popular Reply

User Stats

67
Posts
39
Votes
Jordan Lockaby
  • Real Estate Agent
  • Asheville, NC
39
Votes |
67
Posts
Jordan Lockaby
  • Real Estate Agent
  • Asheville, NC
Replied

Try a local credit union! I'm having success with this right now. 

Loading replies...