All Forum Posts by: Pearl Miller

@Zach Tisk Bought my first house at 20 and just bought second at 21. I don't have nearly the experience as majority of the folks on here but I'd say yes(to an extent). You never know what's going to pop up but with that being said you could take a "wing it" approach and it could work out and Jumpstart the process but generally I'd say yes, save. Save as much as possible, always. Always have a backup, backup money, and backup options if thinks go south.

I've very new to the space here. I'm 21 trying to get ahead in life, wish I'd started way sooner but better late than never. About to close on a new home in a small town and selling current primary to live/move there. I can't keep my current job that afforded me the house so I'm going to take a pretty decent pay cut and transitioning into a different field of work all together. I really want to buy a rental asap due to money making machines this beach town brings but I don't want to have to wait until my DTI comes down. My DTI is now going to be very high due to my pay cut. Are there nonQM lenders that dont use your income and instead the rental history of the property your going to purchase? Any and all advice is welcome, I'm still very new to all this. Thank you.