Self employed and unable to get loan

[Jordan Lester]

I am a self employed real estate investor in my first year of real estate investing. I currently buy and flip foreclosed properties. I currently have a private lender that loans me money for my flips but I would like to buy a property, fix it up, get tenants in the property, refinance (get a loan) and pay back my private lender and use my rental income to pay for my mortgage. The issue I am having is I can not get a conventional mortgage because they require 2 years of tax statements that I do not have yet. Any advice on how to overcome this problem and get a loan would be greatly appreciated!

[NaDean Bowles]

@Jordan Lester, you can also get a 'no doc' hard money loan where they don't look at your tax returns.  Or since you have the experience you may not need impressive tax returns to seal the deal.  Private and hard money lenders either are or have typically been investors themselves so they know how it is.