FHA/Conventional loan with no prior year’s w2?

[Kyle D.]

Hey BP,

Actively looking to begin my RE Investing career in Northern NJ, specifically focusing in 2 and 3 family homes in Hudson County.

On most accounts I feel that I’m in a good spot.

Just at the 1 year employment mark, bringing in low 6-figures as a W2 employee. No debt outstanding, just shy of 100k liquid in savings, and a verified 800+ credit score.

The only issue I can foresee is a lack of W2 income for the last 2 years- I have none.

Graduated college 2 years ago, and spent the past years traveling and weighing career options. I worked some small under the table cash jobs in between, but nothing of note.

Would a co-signer be required in this scenario? Any input would be appreciated to make sure I’m approaching this properly.