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Updated over 3 years ago on . Most recent reply

User Stats

26
Posts
21
Votes
Masood Amin
21
Votes |
26
Posts

How Can I buy a property without a job

Masood Amin
Posted

Hello BP,

Just graduated college last year as an engineer and right now I am having a really tough time finding a job. In the meantime I have been reading a lot of investing books and I am very passionate about getting my first deal in. However, I have a limiting factor in my way which is not having a job hence not being able to finance any properties.

I do have cash saved up for a down payment but I was wondering what is the best way for me to buy a property with no job. Please any and all feedback is welcome.

Even though this may be a “limiting factor” I never limit my mindset. I know that there is a way for me to buy a property; whether it’s partnering up with someone, having a co-signer, or hard money lender (possibly ?), but I just want to hear what BP has to say.

Most Popular Reply

User Stats

2,893
Posts
2,330
Votes
Caroline Gerardo
  • Lender
  • Laguna Niguel, CA
2,330
Votes |
2,893
Posts
Caroline Gerardo
  • Lender
  • Laguna Niguel, CA
Replied

I would focus on getting an engineering job first. What is the focus of your degree? Have you had people in your proposed dream job critique your resume and Linkedin profile? You don't want to put yourself in a position where you end up in a financial mess. Where do you live?

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