So my goal is basically to get an investment property, and continue to rent my own place, and to just let the IP sit on the back burner. Peace of mind that I have an assett under my belt.
I have been working 3 casual jobs for about 4 months and starting to tear at the seams a bit. I am only working this many jobs to (a) save up for the property and (b) show serviceability.
Turns out I will need to work these jobs for about 4 more months (I started 2 of them 2 months ago, and the other, 5 months ago) until a bank will even look at me. (I was studying before I had these jobs.) These jobs are just simple $20 an hour positions with minimal benefits and they are driving me mad. To change jobs now would be throwing away all the past 4 months "accruing" in the banks eyes. (Wouldn't it?)
Are there any alternatives to waiting around 6 months in a job (jobs) I hate to get a mortgage?
PS: I take full responsibility for my position, I'm just wondering if I'm alone in this endeavor, and how others (if any) have dealt with the journey.
I have been working 3 casual jobs for about 4 months and starting to tear at the seams a bit. I am only working this many jobs to (a) save up for the property and (b) show serviceability.
Turns out I will need to work these jobs for about 4 more months (I started 2 of them 2 months ago, and the other, 5 months ago) until a bank will even look at me. (I was studying before I had these jobs.) These jobs are just simple $20 an hour positions with minimal benefits and they are driving me mad. To change jobs now would be throwing away all the past 4 months "accruing" in the banks eyes. (Wouldn't it?)
Are there any alternatives to waiting around 6 months in a job (jobs) I hate to get a mortgage?
PS: I take full responsibility for my position, I'm just wondering if I'm alone in this endeavor, and how others (if any) have dealt with the journey.