You have every right to be outraged at the offending party and that's the tenant.Stay focused on what matters and that is getting back in business. 

Yours appears to be a business-purpose (investment) loan.

It's easy to bite off more than you can chew in this business and that's especially not a good idea for your first deal.

. :) Wishing you the best in your business. 

It's an innovative program, but seems like an over-complicated solution rather than just waiting for the moratoriums to be lifted and proceed was foreclosures and evictions.

Attend local builder associations or networking events, and focus on small contractors or businesses without in-house permit expertise.Highlight how you save time and ensure compliance—it’s a big value-add.

Which is a tax when you do an active business in your IRA but it is essentially the same thing. 

His reason was the only thing he knew to do with the proceeds was to loan it back out at 12%, and he would be "behind" where he is now in cashflow.His proceeds would have given him options up to and including PE, but he is a simple man and in his case holding was the option for now. 

Hi Davis,I live in NC but invest primarily in Greenville SC / upstate with my business partners. 

So if you are in a 30% combined tax bracket you get an additional $3K due to write offs.If it is a rental, you can write off the business expenses and the depreciation on the non land valuation.