Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 6 years ago,
Quitting my job and the difficulty of getting bank loans?
Hey BP, everyday I'm at work I think about not being here and what it would be like to work for myself and even the ultimate goal of financial freedom. I've been thinking about quitting my job and buying a buisness possibly a route of some kind or something else.
My question is by doing this will this put my in a worse position in getting loans to invest? I really love realestate and dont want to take a step back by doing this.
Will I need 2 years of working in my buisness to get bank loans? Anyone done this?
Thanks!
Ryan