How to get financing w/ less than 1 yr of employment

[Michael W.]

Hello!

I'm looking to buy a 3-4 unit property in Philly, but having difficulty getting traditional financing due to me starting my own business last year. All lenders are saying I need 2 years of consistent income. I know I could get a hard money loan, but then I won't be able to refinance once I renovate and lease the place out, and I'll be stuck with a high interest loan till then.

I have three rental properties (in los angeles) that are netting me 120k (pre tax). I only started renting them as of May 2017, so even if I wait till 2017 taxes, it wont show all the income I'm making. The only other way I can think of is getting a co-signer.

Any other suggestions?

Thank you!

M.