I started in financial planning at 24, started my own firm at 26, got my CFP at 27, sold my firm at 37, while building up real estate along the way.

But I was working for a very large bank and saw how futile it is for massive financial firms to adopt new payment systems. 

This further solidifies their operating & returns track record, which paves the way to market your firm to professional investors & LP's outside your direct bubble of family & friends.

He is also willing to furnish a letter from his US brokerage firm to prove he has ample funds to cover for rent and expenses.What would you do?

A consistent, own time tenant is a valuable thing and worth accommodating most of the time and a goof landlord or property management firm knows how to walk that line.

Does anyone have a contact or firm that specializes in these types of personal lending situations?

Not gonna turn this forum into political views lol Back on the topic for the original question@Eddie Torres I agree with the others, some communication to the seller about how you're not a large firm buying up the property to bull doze and put a Walmart in is well within the safe to disclose content.You being a family man and purchasing this property for you family's financial well-being is to me noble.

I think DSCR Loans are definitely in your future as you continue to grow your portfolio but probably not the best fit here:-Can strictly not use DSCR for any property you live in - would technically be possible if you moved out, leased up the unit you are currently in and provided good documentation that its legit - but this is a firm non-starter for DSCR (absolutely no occupying the property)-DSCR Rates at best are in the sixes on a cash-out refinance - so you would be doubling your interest rate at least on the current property - which could make sense but its a pretty high hurdle.

Thanks,Chris They don't have any purchasing power why not sell to a firm who is well capitalized and has a lot of purchasing power?

He may say learn from it and move on, he may just as equally say "those SOB's, were gonna nail em to the wallz!".