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Updated almost 9 years ago on . Most recent reply

Are stated income loans available again?
I am in northern CA. My barber runs a cash operation and we were chatting about real estate as I was getting cut. He moved to a rental near the shop but wants to buy. He said he has $40k down but can't prove income. He make $9-11k a month in cash, cutting hair. Knowing his price per cut, his hours and how busy he is that pencils out. Can any of you point me in the right direction if these types of loans are currently available.