Find a new job first or find investment property first?

[Eric Samuels]

Hey everyone,

Finding an investment property is one of my top priorities right now but I’m concerned I might not have the proper time to dedicate to finding a deal because of my current job. I’m looking to find another job that is in the same field, is also W-2 and salaried so I can still get qualified for a loan but a part of me feels like even if I am very short of time that maybe I should just try my hardest to get the property first.

I work for an LA based company but I moved back in with my parents in Philly last November during covid. I’m still in Philly but work expects me back in the office in January. Additionally, my parents are moving out of their suburban home into a smaller apartment closer to center city to be near my brother’s family. I’m more than welcome to stay in their new apartment for a few months until I figure out where I want to stay. Ideally, i’d like to find an investment property to house hack in philly but my job is so demanding that it’s really hard to find the time.

Should I not let my parents situation rush me into getting an investment property? Or should I just make the commitment now to find a property, move in, and then find another job?

Would appreciate some advice in this situation.

Thank you 🙏🏾