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Results (5,503+)
Tyler Fitzpatrick Seeking Advice on Purchasing Family Member's House - Sensitivity and Opportunity
19 June 2023 | 3 replies
Waiving your due diligence period will demonstrate to the seller that you are serious about acquiring his home.
Justin Shepherd 401k Withdrawal to start RE investing
2 September 2020 | 18 replies
Please note that the account into which the funds are deposited must be the same type of account from which the funds were first withdrawn (e.g. withdrawal of pre-tax funds from a 401k could be deposited in a pre-tax IRA but not a Roth IRA - "like to like").Loans:Payments on a 401k loan taken under the CARES Act must be paid back starting in 2021 over a 5 year term.Here are the details regarding the loans:NEW LOANS:The CARES Act which was enacted to provide relief to individuals impacted by COVID-19 allows for increased 401k loans and more flexibility for repayment of these loans.Specifically, you must be an individual who meets one of the following conditions to demonstrate that you have been impacted by the crisis (and it will be your responsibility to retain documents in your files that demonstrates that you are a qualified individual):Individual who is diagnosed with COVID-19, with a CDC-approved test;Individual whose spouse or dependent is diagnosed with COVID-19, with a CDC-approved test; ORIndividual who experiences adverse financial consequences as a result of being quarantined, furloughed, laid off, having work hours reduced, being unable to work due to lack of child care due to COVID-19, closing or reducing hours of a business owned or operated by the individual due to COVID-19; or other factors as determined by the Treasury Secretary.On or before September 23, 2020, such individuals take a 401k participant loan subject to the following terms:Maximum Amount of the Loan: 100% of their 401k balance not to exceed $100,000.
Nicholas Gangwer Help with Co-Partner Requesting Monthly rent from a houseHacking Deal.
17 July 2023 | 4 replies
Whether that's the case or not depends on 1) whether you discussed and agreed to the arrangement in advance 2) if you can demonstrate alternative benefits he received by you staying.If it was me I'd ask if you couldn't have rented that room for even just $300/mo?
Allison Bultman Can I purchase a duplex AFTER the owner passes away?
27 June 2023 | 4 replies
I am not sure if her health condition is purely physical or if it's adversely affecting her mental faculties, but if you have a strong relationship and rapport you can have a candid and open conversation about your intentions and demonstrate any way you can help (through deeds, financial support, etc). 
Mike V. Anyone Heard of Credit Card Builders?
14 January 2023 | 158 replies
A paydex score of 80 means that you pay on time. 2) bank ratings simply assists the banks to eliminate the pretenders from the contenders, if your company doesn't have at least an average daily balance of 10k or more over 90 days (low 5 rating) chances are your company isn't large enough to justify the expense of continuing the process of loaning you money- these are merely factors in qualifying your business for funding, in terms of how much the banks weigh these factors in lending you money is very minimal. 3) the two most important factors in securing funding for your small business are simple, demonstrated profitability and personal credit.
Eric Upchurch How to BRRRR multifamily
30 January 2019 | 5 replies
To cash-out refi in apartments, you need to demonstrate you have improved the value of the property by improving NOI.
Osazee Edebiri California Vs Out of State (really, but why?)
21 November 2022 | 210 replies
Like what I've demonstrated before, the ratio of engineering job to house is still highest in San Jose,CA with a ratio of 10:1 and that's still only one city in bay area.
Tyreek King-El Outrageous Utility Bill in House Hack
5 July 2023 | 1 reply
By notifying them now you do two even more important things 1) establish that they knew there was an ongoing issue and it was incurring unreasonable costs you can't otherwise avoid (financially damaging you) 2) demonstrated that you tried resolving the issue directly with them before needing to fix it yourself to minimize your damages (if it gets to that).
Katie Helmboldt Renter's Insurance Liability Minimum?
4 July 2023 | 10 replies
Tenant shall provide a certificate of insurance to Landlord demonstrating that Tenant has procured the required insurance coverage, within ten (10) days after the commencement of the Term of this Lease and within ten (10) days after any renewal or change in such insurance coverage.
Jeff Bridges Seller Financed Deal Analysis
3 March 2014 | 9 replies
I want to demonstrate with escrow that lack of down payment doesn't mean they'll assume extra risks... a creative down payment of sorts...