High Price State / Low Income for a Loan

[Ana Mocanu]

Hi Everyone,

The issue I'm having is that the state I currently live in has extremely high prices. (WA) I'm just starting out and am hoping to buy a multifamily in the near future. I would love to buy in my state as I'm comfortable and familiar with the market. 

I have the credit score, I have the down-payment (considering doing a helco to access more for a multifamily). But I don't have the income to qualify for a loan. Are there any loop holes or ways to get around this? Do I absolutely need to focus on buying out of state and give up hope on buying locally?