Job history✔️ not enough 💲 history, hard money?

[Alexander Alguire]

Before I decided to start studying realestate and following the desires I have had for years I was working for my dad and doing door dash(it's like UBER for food), as well as just hustling buying and selling anything I could really. I now have 2 years of job history, $11k saved and growing but according to my two years of working for dad I only make $750!- month and DD is a contractor position so my one year of doing that isn't enough to qualify supposedly to really help my income on paper. Should I take my money and drive and just do hard money and would refinancing after a year or even spinner be possible with out that second year of DD income? Hope that all made sense. I typed it in between deliveries. Thank you in advance!

[Account Closed]

Hard money loans are designed to help people like you finance their investments. If you structure your plan properly, you should be able to get a hard money loan without a problem. Hard money lenders will look at your income but they are mostly concerned about the value of the property that will serve as collateral. Refinancing is also an option if you go through a private mortgage broker. I hope that helps.