All Forum Posts by: Joseph Chiofalo

Tired of jumping through hoops because you're your own boss?

✅ No bank statements
✅ No tax returns
✅ Just a simple Profit & Loss statement from your CPA or tax pro
✅ Perfect for 1099s, LLCs, freelancers, and business owners
✅ Up to 85% financing – purchase or refinance!

This is a game-changer for self-employed borrowers who keep great books but don’t show it the “traditional” way.

📲 DM me to learn how to qualify with just your P&L!

Nationwide Mortgage Bankers, Inc | NMLS ID 819382

Hi Gokce, 

There are programs available to help investors with financing if the property is not cash flowing enough to meet debt service requirements. 

How is your credit history and what price range are you targeting?

Hi Cherie, 

Welcome to the community- 

There are many resources and professionals here on bigger pockets to learn and grow your business. 

Best of luck on your new journey!

JC

Hi Raul, 

How long have your parents been on title to the property?  

Have they been making payments direct to the loan servicing company for the mortgage? 

There may be a few ways to go about structuring this deal. 

Feel free to reach out to discuss more. 

Thank you 

Hi Raul, 

Welcome to the community-  There are many resources and professionals here on bigger pockets to learn and grow your business. 

Best of luck!

JC

Hi Anthony, 

How much of a line of credit do you need?  

Is for for a primary home or investment property?

JC

HI Priscilla, 

Welcome to the community- 

There are a lot of professionals and resources here on bigger pockets to learn and grow your business. 

Best of luck with your journey!

JC

Hi Benjie, 

Welcome to the community- 

There are a lot of professionals and resources here on bigger pockets to learn and grow your business. 

Best of luck!

JC

Hi Glady's 

Welcome to the community- 

There are many resources and professional here on bigger pockets to learn and network.  

Best of luck!

JC

Hi Dhirendra, 

I've had clients purchase both in personal name and in an LLC. Majority of my investor buyers do purchase property in their LLC. LLC's could provide liability protection. Your personal assets are shielded from property-related lawsuits or claims.