I'd say an investor willing to take on a large high crime area and turn it into a respectable, community inspired safe place- that's the damn ticket!

@Brian Turnbough  it can be a great business or you can live through 08 to 2011 like I did and damn near kill you ... like it did me..

.#2 finding the damn property lol I’m located in Wake Forest right above Raleigh and do investing local here and working as a general contractor for investors.

I have a number of properties, but I am specifically looking at leveraging equity from two of them:A property valued at $232,000, with an outstanding mortgage of $139,546.A second property valued at $165,000, with an outstanding mortgage of $93,000.Both loans are conventional and held with the same lender.I've built a substantial amount of equity in these particular properties and I'm considering using this to further expand my portfolio.

Another financial crash could happen tomorrow and you borrowing cost will not be effected in the slightest and your loan will remain outstanding.

Please note that per the multiple loan rules, the amount of the loan must be reduced by the highest outstanding balance of any other 401k participant loan over the prior 12 months (regardless of whether such other loan is currently outstanding).Monthly or Quarterly Payments: The loan must be paid back in equal monthly or quarterly payments of principal and interest.Interest Rate: The interest rate is equal to prime plus 1% (or CD rate plus 2%) and is a fixed rate that is set at the time that the loan is taken.Term of the Loan: Five-year term unless the proceeds of the loan are used to purchase a primary residence in which case the term of the loan may be up to 30 years.First Payment:For monthly payments, the first payment that would otherwise be due is delayed until January 2021 (e.g. if the first monthly payment would have been due on May 15, 2020, it will be due on January 15, 2021).For quarterly payments, the first payment that would otherwise be due is delayed until the first quarter of 2021 (e.g. if the first quarterly payment would have been due on May 15, 2020, it will be due on February 15, 2021).EXISTING 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.If you meet the above conditions:You may delay making any 401k loan payments due between 3/27/2020 and 12/31/2020.You must commence making loan payments in January 2021 (or the first quarter of 2021 if your loan payments are due on a quarterly basis).If you elect to delay making such loan payments, the term of your loan will be appropriately extended.

Blake England with Adobe Property Management is outstanding, and my go-to PM here in town.

I've actually had listing agents, after the contract is signed, straight up join me in laughter when I mention the "other offers that were on the table" and imply that it's a bunch of BS and I'm playing like I'm on their team, and the buyer is a sucker, etc, or whatever.Then immediately after hanging up the phone, I'll go ahead and tell my buyer and buyer's agent to be total dicks about negotiating inspection results because I'm pretty damned sure based on that laughter and "moment" that we shared that the other offers were mythical, muahahhahaah.

Guru or not, he did an outstanding job either way.

However every damn time I went to the hardware store and my wife came with me and convinced me to buy a ton of crap, I would always leave butt hurt wishing I had a damn pickup truck - because I would either be in her Subaru that can't tow, or in my Jeep without the trailer.