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Updated over 3 years ago,

User Stats

94
Posts
73
Votes
Dominick Galinis
  • New to Real Estate
  • Tennessee
73
Votes |
94
Posts

Did I make a mistake?

Dominick Galinis
  • New to Real Estate
  • Tennessee
Posted

Hey BP fam, 

I’m just curious if I made a mistake of sort here.

I recently left a job that I was at for a few years (wasn’t a good place to be for work/life, etc etc), and since have decided I wanted to be a realtor and still invest in properties. Yes, I understand being a realtor is hard and not quick money and yes, I know that I don’t need to be a realtor in order to do investments. I genuinely want to do both. 

now, with the desire to be an investor and realtor, if I remember correctly, I have to have a stable income for 2 years with a 1099 to get a loan.

Outside of creative financing, there's nothing I can really do at this point, is there? Just save for the next couple years and jump in then? Also, if that IS where I'm at, what would YOU do with your money in the interim? Just let it sit or try to put it in say, a REIT or something until I'm ready to buy?


thank you in advance!

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