Is this feasible for me?

[Travis Call]

I'd like to get started in real estate investing. Ideally short or long term rentals. I've got a 778, I own a house that I inherited when my dad passed, with roughly 350k in equity. I've got maybe 20k in cash. I'm a career bartender though that makes around 55k on paper. Do I have a shot at even qualifying for a mortgage with that income?

[Benjamin Aaker]

Are you attached to your house? You could sell it and purchase up to a 4 plex and live in one unit while renting the rest (house hack). This can use an FHA loan and you'd likely qualify and be able to enjoy a low down payment. With a HELOC, you could take about 80% of the equity out. Add that to your 20k in cash and you have 300k. You'd be looking at a commercial loan, as has been mentioned. This might be a challenge for you just starting out. Talk to a few commercial bankers in your area and you will get some solid answers.