All Forum Posts by: Brandan Leon
Brandan Leon has started 3 posts and replied 11 times.
Post: Changing Nacis code
- Stockton Ca
- Posts 11
- Votes 1
For a loan
Post: Changing Nacis code
- Stockton Ca
- Posts 11
- Votes 1
My llc is Blessed Real Estate and Services which the nacis code is high risk. So my question is if I Add a DBA to just Blessed Services would it make the business a Low Risk Nacis code? thanks
Quote from @Caroline Gerardo:
A plumber in Stockton makes more money than a person selling solar. Try the solar as a side gig and see what the income stream really is.
4 unit or a duplex? Duplex is much lower down payment FHA than 3 or 4 units and less hoops to jump through. PMI sticks on property with FHA until you sell or can refinance.
yes and no. I use to be a solar salesmen and made well over 100 k in a year. as a plumber only as a top company service plumber I'll see that kind of money with a lot more hours and still might not hit the mark but more then possible. if I had my own plumber company then yes more then selling solar. But solar company's average 1 million a month in revenue .
yes I love that idea. thanks
well from what I'm hearing FHA loan is @ a better rate right now with no pmi. Yea I'm trying to reach out to the right people as much as possible.
Post: Standard Purchase and Sale Agreement
- Stockton Ca
- Posts 11
- Votes 1
done
I want to buy a house. The situation is I've been a plumber for years and I know banks want you to have the same job for two years with taxes. But I want to get back into selling solar because of a lot more money. I want to purchase a 4 unit duplex this year. how would this affect me and how should I go about this? Thanks in advance
Post: Standard Purchase and Sale Agreement
- Stockton Ca
- Posts 11
- Votes 1
Quote from @Noah Laker:
Quote from @Brandan Leon:
I'm a new investor and I was advised with this standard purchase and sale agreement from a investor from another state. He recommended to get this looked over by a local agent to make sure it's ok to use this one in my state. Can anyone help me look over this contract? Thanks in advance.
Hey Brandan, best to use a local lawyer to review or local realtor to close the deal... What's the scoop on it?
it's a wholesale deal I have a agent that sends me distressed houses which I'm trying to get under contract.
Post: Standard Purchase and Sale Agreement
- Stockton Ca
- Posts 11
- Votes 1
Quote from @Erik Estrada:
Quote from @Brandan Leon:
I'm a new investor and I was advised with this standard purchase and sale agreement from a investor from another state. He recommended to get this looked over by a local agent to make sure it's ok to use this one in my state. Can anyone help me look over this contract? Thanks in advance.
Is this for an off market transaction?
yes for wholesale deal
Post: Standard Purchase and Sale Agreement
- Stockton Ca
- Posts 11
- Votes 1
Quote from @Joe Homs:
@Brennan Randolph I am not an attorney, but I can look at your document if you wish. Send it.
Good Investing. what email should I send it to?