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Updated almost 3 years ago,

User Stats

87
Posts
90
Votes
Heather Schmidtknecht
Pro Member
  • Rental Property Investor
  • Winona, MN
90
Votes |
87
Posts

Ready to leave my W-2

Heather Schmidtknecht
Pro Member
  • Rental Property Investor
  • Winona, MN
Posted

I started purchasing rental property in 2018, and I’m ready to transition to this full-time within the next 2-3 years, which means leaving my W-2.

I’m posting here to gather some insight as to how to prepare myself, as I still have two pre-teen children at home.

How do I position myself for future financing without a W-2? I’m guessing net income from my portfolio would be considered as well as equity within my portfolio — anything else??

How accessible is affordable but comprehensive health insurance for a family outside of the W-2 employer/employee setting??

Are there other things I need to be planning for this transition??

  • Heather Schmidtknecht
  • Loading replies...