Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Jonathan Soto

Jonathan Soto has started 7 posts and replied 628 times.

Post: Can I use an FHA Loan for a Rental Property?

Jonathan SotoPosted
  • Lender
  • Newark, NJ
  • Posts 645
  • Votes 246

You would have to occupy the property for at least the first year. since you own a property you need motive that for the move and looks like closer to your job would be. it sounds doable, but lets connect to discuss

Post: Question on 203K Loan

Jonathan SotoPosted
  • Lender
  • Newark, NJ
  • Posts 645
  • Votes 246

would love to see if i can help with your journey. you arent able to do the work yourself, but your the other contractor can. lets connect

Post: Looking to invest in a 2nd property

Jonathan SotoPosted
  • Lender
  • Newark, NJ
  • Posts 645
  • Votes 246

congrats on making the first purchase and equity. you can definitely do that, depending what type of financing you do be careful with debt to income ratio. would love to connect to see if i can be of any help

connect with investors, add value. find wholesalers if you arent going to find off market deals on your own.

would love to help in any way i can

Post: DSCR lender recommendations?

Jonathan SotoPosted
  • Lender
  • Newark, NJ
  • Posts 645
  • Votes 246

lets connect, have done plenty of DSCR loans and i'm an investor as well

Post: First Property Considering an ARM

Jonathan SotoPosted
  • Lender
  • Newark, NJ
  • Posts 645
  • Votes 246

arm can vary depending on credit and LTV. they are changing frequently so it may be better for fixed rate and refinancing later down the road.

Post: PHILADELPHIA ZIPCODE 101

Jonathan SotoPosted
  • Lender
  • Newark, NJ
  • Posts 645
  • Votes 246

great post. very helpful, you rock!

Post: Who is doing HELOCs on investment properties?

Jonathan SotoPosted
  • Lender
  • Newark, NJ
  • Posts 645
  • Votes 246

i am if the property is a single family

Post: prospective tenant doesn't have full security available

Jonathan SotoPosted
  • Lender
  • Newark, NJ
  • Posts 645
  • Votes 246

depend on the area. but it looks like they dont even have 1 month security so i would possibly keep looking for other tenants. if you dont have any other prospective may need to look at marketing or if price you are asking is good compared to area

Post: Hello From New Jersey!

Jonathan SotoPosted
  • Lender
  • Newark, NJ
  • Posts 645
  • Votes 246

lets connect. would love to help anyway i can.