Pre qualifying on a refi

[Peter Fennig]

I have a problem where I've been self-employed for 2 years now and only have 1 years worth of taxes, and have a house that has an ARV of 60k that I own free and clear but it needs 25k to rehab to reach that ARV.

I've got a potential hard money lender whos willing to help me with the rehab cost but before we can make that happen he needs as an assurance from me to provide in writing a bank who's willing to refinance the property after it's been rehabbed.

So far I haven't been able to find a bank or credit union who's willing to put that on paper with one of the biggest factors being my self-employed status and only having one years worth of taxes at the moment. Was curious if anyone has recommendations on a bank or credit union that will do business with me in Fort Wayne basing the refi off of the ARV of the asset or investment and not as focused on my personal employment status? A place more focused on in house loans. Any guidance or Direction would be highly appreciated

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