Phil Sotelo
Stated Income Loans
Are there any stated income loans out there? I have a client that wants to buy a new home, he owns a business and several residential properties (free and clear). He does have a lot of write offs, so his income at the...
Miguel Chiriguaya
Funding for a project in residential miami
Hello, good afternoon everyone
I've got a client who wants to purchase a home in Miami for the land that the home is on.
The property is in Miami in the 33147 zip code, zoned residential
It's a single famil...
Carolina Galindo
Best areas to invest in small land to hold?
I have a client who I’ve referred an agent to who’s niched in land lots and etc. It was a small investment something around 7-10k that my client ended up buying in the Las Vegas area. The process was quick and easy fo...
Michael Noto
House Hack on a 2-Family in Southington, CT
Investment Info:
Small multi-family (2-4 units) other investment in Southington.
Every Monday I will be highlighting a deal I was apart of either as an investor or agent highlighting a different investment s...
Nick Boring
Capital Gains Tax on a Secondary Home
Hello BP and thanks in advance for your help!
From my understanding, secondary homes are not exempt from the capital gains tax, and if you are not renting it out then you cannot do a 1031. However, this client has h...
Brad Gilboe
Does hard money make sense for this situation?
Hey All, I am a realtor and have a client who is looking to improve his property prior to selling. He has no income because he is taking a new job out of state after he sells in 4-6 months. He currently has a 1st an...
Die FU
Any suggestion for starter investor in Jersey City/Hoboken?
Hi there - Planning to start my first investment property. JC/Hoboken, 1B or 2B condo is my primary choice being closer to where I live so easy property management. However, the cap rate is relatively low.
Wondering...
Ryan Walker
Financing New Duplex Construction
I have a client who owns a lot in booming East Austin that can be subdivided into 2 lots where he can build 2 duplexes (1 duplex on each lot). He owns the lot outright. My question is what is the best financing stra...
Andrew Brown
Important: Ethics and Law
Happy Thanksgiving BP!This question is specifically towards Realtors but I do welcome all to comment as well. You and another agent are working with a VA client whom your partner referred the loan to one of your lende...
Harris Miller
Feedback for a property
Hi guys working with my client over a property they have under contract in Nashville (LaVergne Area) that is a 3 BR/ 2 BA (1,500 sq ft) with an attached 1/1 (600 sq ft) apartment (not separately metered). Purchase pri...