What to do if not pre-approved for a mortgage loan?

[Keshera Lyons]

Hey everyone, I just have a question about mortgage pre-approval. Any thoughts or ideas on what to do if you do not get pre-approved for a mortgage? 
A few years back I tried to join a group called “rock star inner circle” not sure if any of you are familiar with them. They basically find properties for you or help you find properties and you invest in the property. Anyways, I couldn’t qualify to join due to not being able to qualify for a mortgage because I didn’t have enough income at the time. 

I'm currently still in the education phase of my REI journey and going through listings to test myself on finding deals and have a scheduled meeting with a mortgage broker this week and thought I would ask before I go through the meeting.

[Huong Luu]

@Keshera Lyons Qualifying for a mortgage is only is 1 way to buy RE and get into the game. If you do not pre-qualify for a lot of mortgage, find out what is being reported on your credit report and determine if reducing certain line items will help. There may be an error on it. It may be your score is low or your loan usage on credit is high. Also, not all mortgage agents are the same. Meet other agents and ask if they deal with private funds. If you find a good deal, you might want to consider private lending. 

The other way to get into RE if you do not qualify for a mortgage is to partner with someone else who can qualify in exchange for you doing the work.  

Good luck.