There can sometimes be a stigma when it comes to home buying, many people believe it is just for desk jobs or salaried positions. However millions of people earn some if not all their income based on tips and become home owners everyday!
While it can seem overwhelming buying a home it can be an easy process especially when working with an agent but the biggest step starts at home. Before the 2008 housing crisis many lenders actually took your word for it when stating your income but due to that leading to the crisis its self lenders rely on everything to have documentation to back it up. In order to have a accurate paystub its time to make sure you're declaring all tips received down to the cent (not that you wouldn't already 😉). In addition try to deposit all your cash tips into your bank account while it can be tempting to spend your cash here your bank statements matching your paystub helps out big time!
From there finding the right agent and getting prequalified can be a big step in the right direction! Knowing your budget limits is very important because you don't want a home you can't afford. For first time home buyers there are all sorts of offers available for down payment assistance but all in all you may only need 3% down to get the ball rolling giving the average server a budget of around 300k.
There is never a reason to let your job title hold you back from being a home owner where there's a will there is a way!