How do i get my first time loan/partnership?

[Ethan Aycock]

I’m good with money. I’m working as a server right now, I’ve put away some money.

I work very hard. Unhealthy amounts. I dedicate myself.

How do I get that first time deal? I lack experience for any lender to feel safe (I might lack confidence too)

How do I get experience and confidence? I've read both Brandon turners books on real estate. I'll be grabbing David's BRRR when it's out.

What’s your advice, experienced people?

[Michael Glist]

Good job on having a great work ethic. 

So are you looking to start investing in fix-n-flips and rentals? If so then traditional lenders will definitely be harder to get approved with as they would want to see that you have enough money to pay for your place and the rental until you have a 2 year (verified by tax returns) history of rental income to use rents received to offset the mortgage. 

The nice thing though is hard money lenders and privet lenders will not be that way. They will typically just require a higher down payment, higher interest rates and potentially higher fees. 

Sounds like you just need to talk to a few lenders and see where you stand with them as that would be the best way to see if you are ready to start or need more funds or a partner or something else a lender may require.