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Updated almost 4 years ago on . Most recent reply

User Stats

21
Posts
8
Votes
Garrett Ranous
8
Votes |
21
Posts

How to brrrr without a job?

Garrett Ranous
Posted

Hello. I recently started working as an independent insurance agent and at the same time, i started that journey I became aware of bigger pockets and investing in RE. I have become more and more interested in investing and would like to continue insurance as it is a good source of residual income however it means I am not eligible for a traditional loan for some time.

I know that many people quit their jobs in order to focus on RE and part of me considers doing that as well but still unsure on how to go about doing that with producing an income stream first or keeping a W2 job.

If anyone has any suggestions on this it would be greatly appreciated.

Most Popular Reply

User Stats

360
Posts
177
Votes
Katherine Blazer
  • Lender
  • Tampa/St. Petersburg/Sarasota FL and Knoxville/Sevierville/Maryville, TN
177
Votes |
360
Posts
Katherine Blazer
  • Lender
  • Tampa/St. Petersburg/Sarasota FL and Knoxville/Sevierville/Maryville, TN
Replied

You can work with asset-based lenders! Completely possible if you have money for down payments and keep everything under 70-75% of ARV!

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