All Forum Posts by: Ahmed Muztaba

 so when Brandon says he has spent most of other people money in real estate that's not true? i constantly see Biggerpockets advertising how to buy with no money down with 0 money etc so none of it actually true even though i am willing to pay down payment i am stuck because of this ridiculous rule? i am just confused how does it make sense people would let someone have a loan with 500 credit but wont let me have loan with 760+ score with down payment i am just baffled at this whole thing honestly

I do have some cash reserved that’s why I am interested in investing with a smaller property likely under 200K. But the point is I can’t find anyone who would give me the loan. Now that I am starting my real estate sales agent career I am sure I can make some money again but as you all know that too is not going to be consistent. So I’m in a tough position here. 

Can you explain why you would not recommend hard money lender in the area? 

Thank you for your response.

 Forgot to mention my wife works but she started recently lenders want 2 years income history this is laughably difficult not sure how do most people/newbie start with that kind of hurdle to get through. I haven’t talked to a lot of lenders though but the ones I have all want the same thing income history.

I'm a new real estate agent and I'm really interested in buying my own property have some cash saved up but I'm not sure how to get funding without income history since I never had a stable job. So tax return wouldn't help. Would love to do it through VA but again and again they wanna see income coming in. Is there anyway to get around this and actually start investing? I'm in Houston area would love to talk to some hard money lender if there are any in the area.