All Forum Posts by: Dan Clausen

Thank you for the reply, Jim. To clarify, my motivation for transitioning into a RE career is not to make deals for myself but I would like to reap the benefits if possible for my first deal.

To follow up, i am aware that I need the steady w2 income from my employer to qualify for an FHA loan. I was planning to keep the job while simultaneously connecting my license to a brokerage. Are you saying that the latter would disqualify me from fha financing?

I am looking to make my first investment into RE in the form of a small multi , "house hack" owner occupied (du/tri/quad) using an FHA loan.

I am also simulataneously in the process of obtaining my RE license and would like to transition into a career as an agent in the Tacoma/Puyallup Wa Market. I recently learned that in order to use my license I would have to be working under a brokerage Firm

My concern is that if I make the transition into real estate that I would not meet income requirements for FHA financing but would also like to take advantage of my license when purchasing to negotiate a lower purchase price.

Any advice is much appreciated.