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Updated almost 4 years ago,
Having Trouble Getting My First Property
Ok so I need a little help, I've been reading a lot of real estate books over the last 2-3 months and I've learned a lot but, one thing that I noticed that is really prominent is that every single persons situation is different. I'm struggling to understand what the best route is for me to get my first property. I have a large amount of liquid cash, a really high credit score,and 2 jobs. One I've been with for 3 years and the other job I've been with for 6 months as I'm writing this post. I've spoke with some lenders and from what I'm being told my second jobs income doesn't count because its been less than a year but my second job is what makes me more money. They are also telling me just by talking to me that I wouldn't get approved. This has been somewhat discouraging, but I refuse to let that stop me. So I'm wondering if I should avoid conventional financing and look towards more creative options. Just because I have a large sum of money I don't want that to be an excuse to get into a bad deal. Any help or commentary is appreciated. Please and Thank you!