Question on financing

[Eric C.]

A little about me, I am looking for buy and hold investing, prefer turn key rentals, and have owned multiple properties over the years, but only primary residences. I own my current house outright (140k), and have decent cash to invest (70k and growing monthly), but here is the dilemma.....I am 1099 self employed. I have 800 credit score, and have been an independent contractor since May 2015. My 2015 tax returns show 21k and 2016 show 35k, but my income is growing rapidly with my current venture, and am now making about 8k monthly after expenses, and have zero debt.

I tried to get a HELOC but my 2015 tax returns killed that. Should I look for alternative lenders, or just wait until I file my taxes in February and show 90k or more in income so I can get more affordable lending terms?