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2 April 2020 | 5 replies
how does a borrower in default automatically lead to a short sale to avoid foreclosure?
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2 April 2020 | 9 replies
I'm not sure about the HELOC strategy but I've borrowed against my 401k for repairs when doing a BRRRR deal.
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2 April 2020 | 3 replies
IRA could also borrow and take title using those funds, then have UBIT for sure.
20 April 2020 | 2 replies
When lending out of state, do we owe taxes to the state the borrower lives in?
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2 April 2020 | 13 replies
The issue is if one is able to move and the other isn't, or worse yet, they both don't know because they didn't expect this and it depends on "if I can get my brother to help and if my brother can find someone to borrow a truck on that day" LOL.
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4 April 2020 | 5 replies
We have some performing loans in the portfolio and have been contacted by a two of our borrowers (so far) who are currently out of work due to COVID-19 lock downs.
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13 April 2020 | 9 replies
I've done a number of different deals as a borrower.
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3 April 2020 | 3 replies
This is also analogous to home purchasers who don't have enough down payment so have been borrowing from the bank of Mom and Dad, or getting high rate 2nd/3rd mortgages (that aren't registered on title) to prove their downpayment to the banks.
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2 April 2020 | 3 replies
With the COVID-19 stimulus package, I can "borrow" money from SBA and use it to pay my rent.
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2 April 2020 | 1 reply
I'm an investor, so if I can borrow money at 3.5% I know I can turn around and invest for at least 10%, it's a no-brainer for me. $650k * .8 = $520k to invest.