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Updated almost 5 years ago,
How to become a full time investor
Hello all! I am writing today because I was listening to Brandon Turner's audiobook today and realized I had several questions that were not really answered in the book. I would love to be a full time investor or house flipper however I am also currently looking for a job which makes me wonder, if I get a full time job (9-5) then how can I manage to make changes to a property with this kind of availability?
I understand that at this point, I need a W2 job and steady income but then that makes it hard to actually get started on looking for a house and making improvements to one. Furthermore, once I do manage to finally get a loan on one property (the one I am aiming to live in) how can I continue getting approved for loans if I move away from having a W-2 and spending all of my time flipping houses?
For example, in the book I think that Brandon says you can have up to 10 conventional loans but how does a person like Brandon even get all these loans without having a day job? Will a bank just look at the properties you flipped in the past and decide they can trust you?