Qualifying for fha loan with income coming from 1099 misc

[Stephen Walker]

Hey everyone hope all is well. I am a 22 year old looking to get independent/do my first real estate deal through acquiring a duplex with an fha loan, and living on one side of it. Long story short, it looks like my biggest barrier is that I havent had any W2 income for over a year now. I have been doing 1099 contractor work for companies like Lyft/Doordash because it is more money and less hours. (I`m not making a ton a little under $500/week)  My question is.. is it possible to get qualified for an fha loan at my age, with not a lot of credit history (Ive had a car loan past 3 years) working these sort of independent contractor jobs? If not, what is y`alls advice for getting me on track to get qualified. Thanks, Stephen

[Brie Schmidt]

@Stephen Walker - 1099 income can be used, they just take the average of the most recent 2 years tax returns.  

So if you started in 2016 and made $20k and then in 2017 made $40k once you file your taxes in 2018 they will count your income as $30k