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Updated over 5 years ago,
Buying my first house hack as a 1099 contractor
Hi everyone!
I am really wanting to get started on my real-estate investing. I have a great job... but I am a 1099 contractor at a 100% commissioned job. I started this job in July 2018 and you can't qualify for conventional loans without being with the company for at least two years (plus the first year, really 6 months, don't reflect much income do to start up costs). I really don't want to wait until Jan 2021 to be able to buy my first home. Does anyone know of any other way I can buy my first house-hack to get going on my real-estate investing journey?
I like my job, LOVE the people and would rather not leave but if there is no other way I can buy a house than waiting the 2 years I'm not against finding a W-2 position that will allow me to do what I want.
Any thoughts or suggestions are greatly appreciated!