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Updated about 4 years ago,
Quit my job or wait it out?
I love my current job but my current job is a contract position aka “temp”. I have talked to several lenders and they deny me loans because I have a contract position job. I make really good money at my job and contracted out for a year with probable extension. I have great credit and a good amount of cash saved up (but would prefer not to put 20% down). My question is do I try to find a different full time job or wait out the 2 years needed in a temp position?
Has anyone been in this situation before? What to do? Owning multifamily properties has been my goal for a long time and I am ready to start my investing, but in a dilemma.
Comments are appreciated! Thank you!