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Updated over 6 years ago on . Most recent reply

User Stats

18
Posts
12
Votes
Austin Latty
  • Elizabeth City, NC
12
Votes |
18
Posts

I need advice about quitting my job.

Austin Latty
  • Elizabeth City, NC
Posted

Hello BP,

I need some advice.  I have the opportunity to quit my job and partner up doing wholesaling full time, we are actually starting to get some deals done now.  I am excited about the opportunity, and the benefits it can bring, however I need some input.  I have a little apprehension because I want to start purchasing rental properties within the next year, and I know that it gets much harder to get a loan without a traditional W-2 income.  Have any of you guys dealt with this, and if so, what is your advice?  Thanks for all your help as always!  

  • Austin Latty
  • Most Popular Reply

    User Stats

    352
    Posts
    193
    Votes
    Benjamin Seibert
    • Investor
    • Frederick, MD
    193
    Votes |
    352
    Posts
    Benjamin Seibert
    • Investor
    • Frederick, MD
    Replied

    Yes, it can be harder to get funding without a traditional W-2 income. Is it an option to continue to work your normal W-2 job and do wholesaling on the side for a couple years? This way you could save more, start building your rental property portfolio and start wholesaling deals as well.

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