Will I qualify for loans if I leave my W2 and start a 1099 job?

[Reyna Lopez]

Hello,

I am completely burnt from corporate america and want to start a consulting job that may pay me more than my corporate job. My plan is to sAve a lot of money so that I can start real estate investment next year, 2022. Since this consulting job is not part of corporate america It’s not considered a w2 job. I did a lot of research and I can make more than what I do at a corporate America job it just won’t be the same income each month, like a 9-5 job is.

Taking this into consideration, do you think I’ll have less opportunity to qualify for loans since I’ll have a 1099 job instead of a w2? I'll be in the consulting job for about 6-9 months by the time I want to start investing. I can prove the consistency income of that job for that period.