Need advice on moving forward with bad/no credit

[Tanija Hudson]

My name is Tanija I am in Milwaukee wi 22 years old. I have been studying real estate for a bit of time now. 

So I began to start taking action found a deal contacted a mortgage company. Got my credit ran. They gave me a pre approval found a deal when it was time to began closing on the deal it failed because my credit history isn’t long enough. I have fair credit I was pre approved for a Fha. But now I feel stuck. Not sure how to move forward so do I just listen to the broker & wait for few years ? 

My dad is a investor he recommended me to continue studying & waiting. 

I genuinely don’t want use hard money, or family. Would prefer to use a mortgage.

[Tony Severance]

@Tanija Hudson  Ask the Loan Officer for the exact reason you were denied and, as recommended by @Gregory Chadwell, ask for a copy of your credit report.  Based on your description of the situation and may be for lack of enough trade lines (accounts on your credit report).  If that is the case, sometimes simply opening a new credit card and using it only for a tank of gas each month, then paying it off, will create that additional trade line you need as well as possibly raising your credit score. 

Great job starting down this path early in life and Good Luck to you!!