Hello everyone,
This is my first post in the community and hope that somebody could give me some suggestions.
Currently in the market to purchase my first duplex. I have a few duplexes picked out for possible purchase, solid credit score, and the down payment ready in hand eager to make a deal. My issue is when I have spoken to a few lenders they say my current job history is too short. I am a nurse and decided back in October of 2020 to begin travel nursing (a slight career shift from staff nursing). I make a six figure income with travel nursing currently. The lenders I have spoke with look at my income as a 1099 self employee vs my actual W2 because I accept multiple 13 week contracts throughout the year. They say I need to have 1 to 2 years of work history in order to really have a chance to be approved. I have tried to explain to them exactly how I am paid and that my job is very steady and that there is no shortage of contracts. Is there anything I can do or do I just continue to reach out to more and more lenders? I have been too worried to run my credit if I am just going to be denied. Should I just try?
I greatly appreciate any help, very eager to start building my portfolio!
