I'm 18 years old and extremely interested into getting into real estate. My goal in life is to buy as many positive cash flow properties as possible.
My main question is actually regarding having a job and getting approved for a mortgage.
I'm a freelance web developer, meaning I don't have a formal job with a set salary. Some months I do really well, some months I do not as well.
From my understanding, it's much easier to get approved for a mortgage with a very stable job.
Even if I save up the money for the down payment of an investment property am I going to have to have a stable job or prove 5 years of stable income before any bank will approve me for a mortgage?
Anyone who could help me out a tiny bit would be really appreciated, i'm insanely interested in real estate, haha.
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