What options do I have to help qualify for bigger loan

[Christopher Montoya]

Hello guys,

I am planning on house hacking as my first investment. Ideally I would want to invest in house that is roughly in the 200k range in Sarasota, FL. I applied for an FHA loan through Wells Fargo since I've had a checking account with them for years. However, the banker told me because of my yearly income, I will only be able to afford houses under 100k. I have been listening to podcasts as well as reading and researching as much as possible. From what I understand, I can try to apply at other banks or somewhere else that might be able to help me more. However, I was also thinking about maybe teaming up with another investor but I don't know how that works. Any advice or info?