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All Forum Posts by: Paul Sofia

Paul Sofia has started 4 posts and replied 333 times.

Post: Andrew Ross Sorkin "there will be a crash..."

Paul SofiaPosted
  • Lender
  • Charlotte, NC
  • Posts 351
  • Votes 165

Fink and Co. are all part of the machine.  They are the ones that artificially drove up the prices.  What we will see take place we'll be much wore than that of 1929.  I told my attorney this back in April '20 when they shut the world down.  Look at how the debt has grown since then.  

The printing presses continue to spin the debt out of control.  We are witnessing the Great re-set.  God is allowing this to take place.  We cannot serve two masters.  Don't let money control the mind.  Time to get out of the matrix

Post: Looking for Manufactured Homes New Construction lender in Florida

Paul SofiaPosted
  • Lender
  • Charlotte, NC
  • Posts 351
  • Votes 165

21st Century Mortgage may have a product for that.  Triad Financial in Florida  may as well, just questionable on the construction side unless it's for someone that will dwell in the home

Post: Any builders in the Fayetteville/Spring Lake/Lillington area

Paul SofiaPosted
  • Lender
  • Charlotte, NC
  • Posts 351
  • Votes 165

@Erika Williams right now in Concord, prices are through the roof.  I suggest you be very careful in this market right now.  You must hit the right price points and I would suggest listing at below market to get the most interest and maybe you'll get multiple offers. Go to carolinahome.com for market data

@Cole Setzer, yeah and a helluva race driver back in the day

Dunno why it came out on your post.  I'll try again. Are you kin to Dennis Setzer?

Quote from @Cole Setzer:

Hello,

Im a CPA and licensed financial planner in Hickory, NC.  Grew up with a father who was a plumbing and general contractor.  I have multiple LTRs and work with my father on some new construction.  looking to extend my real estate network and skills, and also help others who need it.

Are you kin to Dennis?

Respectfully,

Cole Setzer


Post: Stick Vs Modular

Paul SofiaPosted
  • Lender
  • Charlotte, NC
  • Posts 351
  • Votes 165

Modulars will appreciate as a site built.  I do manufactured homes, modulars and stick built.  Most mods are built better than a stick built.  I've been in the biz since the late 90"s.  If you would like to chat about it, I'd be more than happy to.

I think you're going way too deep on a STR. Don't make things more complicated than needed. What would attract people to vacation there? I would not do anything super special to suck guests in if the area is in high demand.

Post: Equity partner for client

Paul SofiaPosted
  • Lender
  • Charlotte, NC
  • Posts 351
  • Votes 165

I currently have a client who has a couple established properties in the Charlotte MSA, one being a commercial property in Union, the other a multi family (8 units) in Gaston County. He is needing primarily for the one in Union county because he's needing cash to do some repairs on part of the building for getting it updated for the new tenant (15 year lease) who is an experienced operator. Feel free to pm for details.

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