Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
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

Updated over 6 years ago,

User Stats

3
Posts
0
Votes
Robert Hector
  • Lake Zurich, IL
0
Votes |
3
Posts

Take a pause with school to begin investing in real estate?

Robert Hector
  • Lake Zurich, IL
Posted

Hey guys, so I got out of the army not too long ago and get about 2k a month while attending school from the Montgomery GI bill, the only problem is that this income does not count at all when applying for a home loan.  I have a 750 credit score and about 36k in stocks and stuff.  I'm currently saving about 70% of my income monthly because I have barely any expenses.  Anyways, I've tried alot of things but no matter what I just can't qualify for a place because I have no income.  I drive for Uber every single weekend which brings in about 200-400 a week but its really not much.  Also started doing Amazon Flex (delivering packages) but that's too recent to count.  Anyways I was thinking of becoming a truck driver after I get my associates degree and using that income to qualify so that I can finally buy a fourplex and do some house hacking. Its either that or I have to wait 2 more years until I'm done with school because I don't have a real job. I'm worried about 2 things though, 1: will they let me qualify for a loan if I just recently got a new job as a truck driver? And 2: is it stupid to delay or change my education to get into real estate sooner? I want to major in accounting. I really want to start investing in real estate because all of my money is in stocks and I want my own place.  I was thinking maybe I'd just take online classes to finish up my degree while I work full time as a truck driver.

Loading replies...