Mid-Michigan Private Lenders?/General Financing Advice

[Evan Pickvet-Hall]

Hi, all. I’m self employed, and looking to purchase my first rental in Mid Michigan. Unfortunately, I’ve only got one year of 1099’s, while every lender I’ve talked to requires 2 years of tax returns.  As you probably can guess, this has caused me quite a headache. So, I was wondering if you guys had any advice for someone in my situation. Should I go private lending? Wait until I get my second 1099 filed? I could use some advice. Thanks in advance for the help, guys!

[Evan Pickvet-Hall]

@Grant Rothenburger Yes. I’ve talked to every credit union in my town, to similar results. The best I got was that one officer tried to find a loophole, and was not successful. The conversation always stops at “I’ve got only one 1099, instead of two.”