Would appreciate list of institutions you've worked with that offer the best rates and your reviews. 

Defrauding a federally regulated institution is not a good idea.

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that the account into which the funds are deposited must be the same type of account from which the funds were first withdrawn (e.g. withdrawal of pre-tax funds from a 401k could be deposited in a pre-tax IRA but not a Roth IRA - "like to like").Loans:Payments on a 401k loan taken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

I am working with an A lender at a conventional institution and he has no problem financing houses for me as my investor continues to show strong annual income.

Hey so I’m finally going to get started with my real estate journey but before hand I wanted to know if anyone in the BP universe has dealt with any investor friendly lending institutions here in Jacksonville,FL  preferably one that lets you build through a corporation I’ve heard good things about community first but I want to know if there are any others out there. 

An investment bank (Berkshire Hathaway) bought the property I think in 2012 and held it as part of an institutional investment. back then,I think institutional investors were buying properties and renting them.There are four liens on the property: a security deed for $63,000, one from the department of justice for $115,000.

I would love to chat with you sometime a as Nd get some institutional knowledge on the market if you’re open to it.

(Even if you don’t use it, get it and put it in the file)3) W2s, 1099s (2 years back)4) Income tax returns (2 years back)5) Any other statements from any other financial institutions: Retirement accounts, Annuities, TSP, Stocks, Bonds, Cash-Value on a life insurance policy, etc... 

If something looks suspicious, verify it with the bank/institution the funds are drawn against.  

Better if I can crowdfund a build and participate in the profit of selling the enhanced property.