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Updated over 7 years ago,
Self Employed Lending Options For Buy and Hold Rehabs
Due to being self-employed for under 2 years (Real Estate Agent/Investor), lenders have turned me away due to this guideline and I'm looking for alternative routes. I have excellent credit and cash available for a significant downpayment. I'm in the midwest and the deals I'm looking at are under $70k. I have zero debt and somehow am struggling to find funding. A local bank loaned me the money on my first property and it turned out to be a big success. I sold the property 2 months later and made $20k. I'd prefer to not work with a bank and am exploring other options.
If anyone has a suggestion or can provide a lender that would work with someone without 2 years of self-employed income, please let me know!