hard money lender or conventional loan

[Jessica Jimenez]

Hello,

I am beyond ready to buy my first flip. I live in north NJ but from what I have seen most own properties in other states. I have watched multiple videos and whatnot I feel it can’t be rocket science to jump in and  buy a house. There are so many awesome opportunities around my area, very profitable because rents are high great schools etc. my credit is great the issue is that I did not make enough in my last 2 years as a contractor, I am still a contractor but making a lot more I will have to wait another year to be fully approved for a conventional loan. I see a bunch of people that don’t even have good credit and are buying. Any advice on how I can get around this ? I have 30k cash now I can possible get another 20k. Excellent credit no debt.  What can I do ? Lenders like I said have pre-approved me for miserable 200k which is nothing for my area. My family is in construction which is a huge plus. I am just motivated and I don’t want to waste any more time. Any advice will help. Thank you for your time 🙏