Other ways to get financing ?

[Brandon De La Pena]

Hey guys, I have been learning about real estate since high school and I am currently 21 years old. I have been saving for a while now and have about $32k to put down for my first property. The problem is that I worked a w-2 job for about a year and a half, I also refereed basketball and volleyball on the side. I quite my w-2 and became a financial advisor and am self employed. I started in January and haven't made hardly any money because I am still young and starting out and trying to learn the industry. So my problem is that I cant get approved for a loan. I thought about going thru a hard money lender? I would really appreciate any ideas or insight that you guys have for me, I plan on getting a single family home to rent out to start, thanks!

[Scott Jensen]

@Brandon De La Pena If you started a new business of any sort I would recommend you NOT focus on acquiring real estate. Focus on your new business. Once your new business is successful real estate can be a great place to put your excess cash.