My first rental property

[Mike Bowling]

So we're close to having enough saved to buy our 2nd home, right now with my job I'm bringing in 50k a year my wife bringing in 15k. We're planning on moving out of our SFH and buying another SFH we need 8.5k to take on the new DTI that we'll have with the new loan. The thing is I'm also planning on moving down into a part time job while I'm a realtor, but will I still be able to invest in real estate without making as much money? Someone please help me find the right direction!

[Landon Bleau]

Short answer is yes, you'll still be able to invest without making as much money, but you'll have to get more creative.  My suggestion to you is take out as many 30 yr fixed loans as you're able to while you have a W2 before you go into 1099 work.  Banks will likely require you to have 2 years of tax returns from your 1099 job in order for you to get financing, of course, there are some exceptions to this.  If you stay at your W2, it's much, much easier to get loans. If I were in your shoes, I'd continue full time work at your W2 while building up your agent business on the side.