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Updated over 6 years ago on . Most recent reply
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I need advice about quitting my job.
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!
Most Popular Reply
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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.