New here, but want to know if I can still invest

[Dan D.]

Hi everyone, new here and am really looking forward to hopefully investing in RE but want to make sure it could really happen. Here's the deal, I moved to Green Bay about 3 years ago but have been an hvac mechanic for about 12 years. However, I've come to finally realize I am just not the best at it. I guess I'm just hard headed but, whatever. Currently I am pipefitting with the union to just keep food on the table. Unfortunately, however, though this job makes decent money, it is in a volatile market. That means there are mass layoffs every few months. So, i was reading a few months ago and started getting excited about RE investing and the possibilities it could bring. But, I've found there is one caveat to my dreams. It's that I have to have a stable job to qualify for loans. Is this true even though my credit score is 730 or so, have 20k in the bank and just bought a SF home 6 months ago? The home I just purchased, I was in a job for over a year so the loan was approved. But, do I need to stay in a job for more than a year each time I want to invest? Thanks for the help guys.

[Jacci Konkle]

Dan, in my opinion, that is NOT true!  I am a full time real estate investor.  I started flipping houses in 2007 with over $1million in debt, a $60k tax lien on my credit from the IRS, and no job...oh yeah, and a past bankruptcy (yep, a loser in the bank's eyes).  Today, I'm a strong 6 figure earner and I take most of the summers off.  That being said, of course I never even bothered stepping foot in a bank or mortgage office with my deals...LOL.  Where there's a will and a work ethic, there's a fortune to be made and nothing can stop it.  This is not a "get rich quick" type of business...no real business is...BUT, with proper guidance and good old fashioned grind, it can be an amazing way to build a life.  I live in Freedom, and that is nothing more than a long walk to Green Bay, so YES you can do it in our market!