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All Forum Posts by: Leniesia Dorestant

Leniesia Dorestant has started 0 posts and replied 1 times.

Private Lending & Conventional Mortgage Advice

Post: Do I need 24 months of work experience?

Leniesia DorestantPosted
  • Real Estate Agent
  • Posts 1
  • Votes 2

@Ivan Loza A couple of months ago I asked a lender a similar question. Property Management was my full time job, however, I was looking to go in the buyer/seller side of real estate full time. Her answer to me was, if I planned to buy a home fairly soon, to keep my full time W-2 job. If I were to switch to 1099 full time I would have to wait 2 full TAX YEARS before I qualified. Hope this helps!

2 Votes