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Updated almost 1 year ago on . Most recent reply

Sara Habtom's profile image
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Sara Habtom
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Sara Habtom's profile image
Sara Habtom's profile image
Sara Habtom
  • New to Real Estate
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Sara Habtom
  • New to Real Estate
2
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Rehabbing & House Flipping

I’m still learning about rental investing

Sara Habtom
  • New to Real Estate
Posted

Hello! I’m still learning about real estate investing and was just wondering if you don’t have 2 years worth of work history can you still buy rental properties? I have 2 jobs and I make about $2,700 a month with no debt at all. I worked at my last job for 11 months from Aug 2022 to July 2023 can that count as a work history? If it doesn’t, can I get my parents to be a co signer? 

Charlotte, North Carolina
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Bill J Fay's profile image
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Bill J Fay
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Bill J Fay
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  • from San Diego
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Bill J Fay
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  • San Diego
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Bill J Fay
Pro Member
  • Lender
  • San Diego
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I highly recommend exploring DSCR loans. These are rental property loans that look at the asset's rental income instead of your personal income.

DSCR Loans: What Are They And How To Get The Best Terms (biggerpockets.com)

  • Bill J Fay
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