Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 3 years ago,
First Rental Property
Hi my name Is Kyle and have been presented with an opportunity to possibly invest in my first property. Last month I ended up quitting my job (didn't like working for my boss) and managed to save up over 10k... I'm 23 and have "good" credit of around 630-650. Would it be a good idea to even start analyzing properties? Does not being employed affect my chances of getting a loan? I obviously plan on going back to work but not at this moment. My biggest concern is if i would be able to get approved. I do plan on doing a long term rental, and possibly house hacking... i'm open and willing to do what it takes to get into a property, looking for a little advice, thank you all!!