Yengkong Sayaovong
Laid off, can I still refinance or use HELOC?
I have 1 home already that I'm renting out currently. I left my full time job in 2017 to pursue an education to make more money and move along faster in real estate. I was working as an intern bit because of covid-19,...
Hayden Wright
Yesterday I was laid off from my first job.
Yesterday I was laid off from my first job after college due to the instability in the market. I am very passionate about real estate and would love to have a career that involves some aspect of it. I would like to kn...
Cosette Trantow
Newbie laid off, How will this effect future funding?
Hello everyone, hope you’re doing well. I’m going insane with boredom.I had just saved up enough for a down payment in my first rental and started seriously looking (long distance) when they shut down restaurants. I r...
Matt Motil
Laid off today... take the plunge to REI full-time?
I have gone back and forth with taking the plunge into full-time or quasi-full time REI for a while now and my hand might have been forced today but for those that have made (or been forced) the leap it is scary to cu...
Timothy Lantry
Laid off because of Covid-19 virus just before retirement.
Happy Easter bigger pockets members! So this is actually happening to a close friend of mine. I am not exactly sure what direction to point him in, so I thought I would open it up for discussion here. He is 67, blue c...
Trish Dunn
Laid off - a good time to get my RE license?
Hi Everyone!
I was recently laid off from my FT job because of COVID-19 - my husband and I are newbies who are ready to buy our first investment. We've listened to a ton of BP podcasts and feel like we have a good st...
Jeffery Leon
Laid off 60 Year Old in Michigan Starting Real Estate
Hi All,I'm just turned 60 last month, and worked for an automotive company for 20+ years, they laid me off the day after my birthday. I've been looking at rental properties before the layoff, now feel even more urgent...
Gurmanpreet Singh
Got laid off and am studying to get my RE license
Hey BP family,The past few months have been a tough ride for a 21 year old student going to Sac State with all of what has been going on with the pandemic and figuring out what ways I want to approach my real estate ...
Adam Wright
Refinancing a Performing Duplex with no W2 Salary (Laid Off Work)
Hello! I've talked to several banks, and they won't cash out refinance a duplex I had bought in my name and have owned for 5 years because I don't have a W2 job due to being fired. The property cash flows and was appr...
Bonnie Petrenko
CV-19 Renters laid off - How should we handle this as owners?
Many of my rentals are occupied with lower income individuals. Some of the renters are asking to make lower payments or refusing to pay their rents at all. But here is a thought….
Let’s suppose we have 2 renters liv...