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Updated over 4 years ago,

User Stats

206
Posts
138
Votes
Angela Yan
  • Rental Property Investor
  • San Francisco, CA
138
Votes |
206
Posts

Got the EIDL money. How are RE investors using it as “operating”

Angela Yan
  • Rental Property Investor
  • San Francisco, CA
Posted

Hi guys!

I was lucky enough to get that EIDL money but the loan docs are a bit sensitive. I am wondering what are some of the tricks RE investors are handling their money so they are creative enough to abide by the rules. You are not suppose to just take it and put down on buying another house so how are people creatively funneling their money to be legit. I own Multi and SFR and Air BnBs so i started a separate bank account and i work with PMs. Now what?

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