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12 February 2025 | 27 replies
Let's say you take an inventory in town and there are 4,000 units and they are 90% full.
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24 January 2025 | 1 reply
Either comment here or message me if you would rather not share publicly!
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31 January 2025 | 2 replies
For our flooded location luckily we had full coverage.
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23 January 2025 | 2 replies
and the property had a private dwelling value appraisal much higher than the public property appraiser claims.
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11 February 2025 | 4 replies
I found one, who was able to grant an exception for the DSCR ratio and close the loan.I contacted The Mortgage Shop after the fact with a full history of what had transpired and asked for some compensation.
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16 February 2025 | 27 replies
The repayment terms for a 401k participant loan are equal monthly/quarterly payments of principal and interest (typically prime plus 1%) over a 5 year term (longer if used to acquire your principal residence).Please note that if you take a full $50,000 and then pay back the loan, you can't take another $50,000 until 12 months after the first loan was fully paid back.Per the loan offset rules that went into effect with the 2018 Tax and Job Act: if you leave your job and the loan is current at the time you leave your job but then the loan goes into default because you left your job, you will have until your tax return deadline (including any timely filed extension) to make the loan current by depositing the outstanding balance into an IRA (and thereby avoid the taxes and penalties that would otherwise apply).Please keep in mind the multiple loan rules:Under those rules, the sum of the balances of a participant's outstanding 401k loans under a single 401k plan (using the highest outstanding balance of each loan over the last 12 months) can't exceed 50% or $50,000 whichever is less.
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4 February 2025 | 1 reply
If they push back, give them the full 90-day notice.
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12 February 2025 | 2 replies
Unfortunately I was told they could not give us the full $8k for some reason but credit us $6k which was awesome plus the $2k directly mailed check from the seller.
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29 January 2025 | 3 replies
The PM advised a public adjuster assess the damage.
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16 January 2025 | 1 reply
Coos Bay - The main delay with application in this area is whether the property is on public utilities or has a septic system and private or public water source.