Should I do what I can now or wait

[James Robert]

Hey guys - there’s a deal I want to buy…

There’s a condo that came to market beginning of this month, I showed it to a client and they didn’t like it. But I did…

This condo would cost me about 1500 a month with 5% down and would do about 3-4k on air bnb. Maybe more. It’s 185k. I have to wait until I file my 2022 taxes to get approved for a loan next time because my dad co signed on my primary back in Jan. Should I just wait until I get a pre approval next year or should I try to use a heloc for some money on this condo deal and start air bnb’ing it right away.. 

Thoughts?