I'm really tired of hearing "no" from lenders. :(

[James Klafehn]

I know your supposed to keep working and keep chugging forward but after 3 years of hearing "NO" from banks I am feeling really frustrated. How do you keep motivated to continue when continually getting denied. :(

[Jay Hinrichs]

Sounds like your asking for a banking product that does not exist.. at least for someone starting out.

I have lunch with my commercial banker at least once a month.  and the banks are not looking for real estate loans per se.. they only bank VERY experienced cashed up borrowers that they know well.. they simply are not looking for new clients. This for fix and flip loans or construction loans.

if you want to buy rentals.. the post above gave you the guidelines and you use a national lender for those.. I see many many folks get that financing every week.. VERY easy as long as you Actually qualify..

if you do not hit all those metrics IE credit score.. DTI income and LTV then there is plenty of money out there if you do not meet all of those at all times then your not bankable until you do.