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Updated over 6 years ago, 08/09/2018
Any suggestions on my position?
Hey BP,
So as of 9/21 this year, my position at my job (Just answer phones basically) will be terminated-they're hiring on someone else to do it + that person has a background in energy for years etc. I was wondering your thoughts on what to do next mainly for cash flow/income, based on the following points. Let's take a look at some things:
-I'm 25 and was/am making $10/hr (contracted), not much money/week however it is doable as my gf is currently the breadwinner. I can communicate online and do my RE work during this time too, which is nice (Family company)
-We currently rent. I've $6,000 set aside (maybe more if I can convince my sister to invest in the following) I planned to possibly put towards investing in a duplex via FHA loan at some point- only problem is my DTI ratio isn't too good (low income and new car in my name- gf makes payments pretty much her car) so I'm not sure I can get pre approved-my credit is great though.
So that's kind of where I stand: I need to establish cash flow/income so I can move forward for investing purposes. My goal- as most people on here is financial freedom/wealth via multi families, etc. I guess I just need that "push" in the right direction from where I stand. Any suggestions and/or criticism are most welcome. Thanks!