Went to bank to get financing

[Julius Dixon]

I got advice from a family member to reach out to a bank and see what number they would “pre-qualify” me for on a loan. She’s super knowledgeable but not necessarily a property investor. Would this have been the first step that you guys would have taken as far as securing funds? I think they’re going to come back to me and either give me a number that will be way too low, or say that I am unqualified because my credit history is new as I just graduated from college in June and got my first credit card then (I had a completely blank credit history). I’ve been doing everything I can to keep the credit history clean, but I don’t know how to accelerate building credit in any way besides not investing which I am not fond of. I actually work in banking, so I have an appointment to speak with a mortgage lender within the commercial side of our bank over the phone tomorrow (they said they had deals for employees lol), but I’m not optimistic. I also honestly think that if I find a deal I’ll be able to get funding from within my network (maybe I'm overestimating myself but I actually think I could swing like $2m or so through family and friends - is this crazy??? I have no idea what people do...) if I can offer an attractive enough investment, but I think I’ll have to figure out a better pipeline than the crappy list from above.

I also went to my own bank's mortgage lender (as in my employer). Would this actually benefit me?

Really don't want bs with banks to be a bottleneck for my progress.