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Updated 12 months ago on . Most recent reply

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20
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Luke Masaschi
10
Votes |
20
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When to quit W2 Job and how do I still get mortgages?

Luke Masaschi
Posted

This may be a dumb question but I recently finished my first BRRRR and am refinancing at the moment. I will be able to cash out my original down payment + 30k more if I wanted to but as im going through the process I was wondering in the future if I pursue investing full time how do you still get approved for mortgages? I try and take as little profit as possible as im only 22 and im looking to grow but almost every mortgage company/bank needs 1-2 years of W2 I qualify for that as of now but how in the future do you do it without W2? Thanks!

Most Popular Reply

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17,860
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Chris Seveney
  • Investor
  • Virginia
15,370
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17,860
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Chris Seveney
  • Investor
  • Virginia
ModeratorReplied

@Luke Masaschi

Pay yourself a salary through an s corp

  • Chris Seveney
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7e investments
5.0 stars
16 Reviews

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