Start real estate investing now or later?

[Abel Marin]

Bought my first home invested and increased the ARV. I want to use the brrrr method to use the money to buy another property but in order to do so I have to put off starting my construction company and work for someone because I have to have 2years of income history in order to be considered by the bank for a refinance and another mortgage. I don't know what to do in this situation.

[John Warren]

@Abel Marin depending on how much value you have created you may be able to buy something using a HELOC and then refinance the 2nd property to get your cash back. Part of the reason I left the 2-4 unit space was the restrictive lending environment in comparison to commercial lending. I have found a lot of freedom in the commercial lending space as the lenders are more focused on the property and less focused on your personal income (although they still look at it early on).