Bank Statement Mortgages for Self-Employed
Mortgage lending service using bank statements instead of tax returns to qualify self-employed borrowers and entrepreneurs. Charges approximately 1 percentage point higher interest rate than conventional mortgages. Targets business owners who heavily write off expenses on taxes and therefore show low taxable income despite strong cash flow.
Startup Budget
$50K – $500K
Difficulty
Advanced
Business Type
Hybrid
Location
Anywhere
Time Commitment
Full-time
Revenue Potential
$200K-$1M/year
Skills Needed
Watch the Full Breakdown
Watch on YouTube — Chris Koerner
Related Hybrid Advanced Ideas
Crowdsourced Sports Filming Network
Build a network of iPhone filmers who attend local sports events and capture highlight footage using custom camera software. Could be applied to any local event or niche sport.
$5k-30k/month
AI Audit and Savings Agency for Corporations
Target large corporations and audit their processes to find inefficiencies that can be automated with AI. Pitch in-person to executives offering to save them money, charging either a percentage of savings or a fixed consulting fee. Focus on specific niches like benefits reconciliation, employee onboarding, or billing.
$50k-200k/month
Buy a Business and Add AI Value
Identify a specific AI workflow that increases revenue or reduces labor costs significantly, then acquire a business where you can implement it immediately. For example, buy a home health company and automate charting via AI dictation to increase employee productivity by 20%, unlocking millions in value on day one.
$100k-500k/month
Sweat Equity Partnership with Small Businesses
Find owner-operated small businesses that are underpriced and under-systemized. Negotiate conditional equity in exchange for adding value through systems, websites, CRM, AI, pricing optimization, and hiring — without buying the business outright. The Hormozi model applied to local businesses.
$50k-200k/month