At this point who would I contact in attempt to acquire the property?

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that the account into which the funds are deposited must be the same type of account from which the funds were first withdrawn (e.g. withdrawal of pre-tax funds from a 401k could be deposited in a pre-tax IRA but not a Roth IRA - "like to like").Loans:Payments on a 401k loan taken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.

There's an attorney in Orlando who has a great website devoted to this exact topic that is a must-read: https://www.richardhornsby.com/crimes/regulatory/u...It states: "In Florida, it is unlawful to engage in the following real estate related activities for compensation without possessing a real estate broker's license or sales associate license.Advertising or marketing another person's timeshare or property for compensation.Auctioning or attempting to auction another person's property for compensation.Buying or attempting to buy real estate on behalf of another person for compensation.Listing another person's timeshare or property for compensation.Operating as a real estate broker or sales associate without a license.Renting, leasing, or attempting to rent or lease real estate on behalf of another person for compensation...The crime of Unlicensed Practice of Real Estate is a Third Degree Felony and assigned a Level 1 offense severity ranking under Florida’s Criminal Punishment Code.If convicted of Unlicensed Practice of Real Estate in Florida, a judge can impose any combination of the following penalties:Up to five (5) years in prison.Up to five (5) years of probation.Up to $5,000 in fines."

For right now I am more focused on the condemned property due to being able to renovate rather than new build if I keep an existing wall and a failed attempt to have a use variance for the vacant plot to make it eligible for a multi-family property.The mistakes I made for the vacant property were just endless and took about 6 months to come to fruition.

As a landlord, and already attempting the obvious "let's snake the drain" move, do you just hire someone to fix it, or continue to ask her permission to stop by and try home remedies?

An attempt at being comical that perhaps didn't translate well.

We have brought many intriguing deals his way in the past months but he always seems to get cold feet at the last second, being that this is the first time he has participated in this kind of deal, and letting great opportunities pass.We have been working diligently on finding deals, creating a rockstar team, and even working on obtaining RE licenses, all in attempt to execute on a BRRRR project but it just hasn't come to fruition yet..A couple questions I have for BP members:1) What are the most common concerns, objections, etc. you've gotten from private money lenders?

I had gone to several closings with my parents and had already closed several properties on my own before attempting a closing on my own.Bottom line: If you don't know what the hell you are doing, pay someone.

Since townhouses are sold independently (1 deed per unit) I was curious if by attempting to buy both connecting units if you could structure the loan similar to that of a Multi Family Owner Occupied purchase and observe the benefits of the reduced down payment.I appreciate your feedback.

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.