When does your salary stop becoming the only reason you get loans

[Dan Knight]

Hi all,

I am one of those people who is trying to break into real estate investing as a way to leave a day job that I very much dislike.  However, I am finding through my talks with some lenders that, since I am still relatively new out of school and have multiple student loans (although I have great credit), my saving grace in terms of getting a loan to fund my first deal is the salary my day job pays me.

I know that real estate isn't a get rich quick scheme and that I will probably have to stick out my day job for a couple more years, but at what point do you see banks, lenders, etc. start to give you loans to fund deals without a steady stream from a corporate job? 

Thanks,

Dan