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Updated about 3 years ago, 11/29/2021

User Stats

8
Posts
6
Votes
Mike Rice
  • Rental Property Investor
  • Richmond, VA
6
Votes |
8
Posts

Mike, Richmond Virginia, trying to break into the market!

Mike Rice
  • Rental Property Investor
  • Richmond, VA
Posted

Hey, my name is Mike. I've been learning about RE investing for years, stuck in analysis paralysis. Just started to actually do things and am hitting roadblocks. But it's okay, we just need to find another road, or get around the block somehow. Keep solving the problems as they come until we make it! Right?!

I'm at the point I finally called a RE agent, and had a lender run my credit. Everything was going well until they asked about my employment history. I make the same $$/year as I've always made, but I only work half the hours now which makes me "part time". I only have a 6 month history of working part time, so we can't use that income as "income" according to my lender. Live and learn! Ha ha!

Now, I'm thinking about arbitrage or Turo in the meantime. I'm not actually sure, but that's another post. I'm just glad to finally be reaching out, posting to the forums and getting things done!

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