Good Morning BP family!

There is a lot of speculation going around about how our behaviors may change as a result of the global health crisis - that we will become an anxious, homebound society which favors working remotely, homeschooling its children and ordering everything online.

This morning seller withdrew his offer of owner financing due to corona concerns.

Good morning Micheal.

@Evan Bonnell the law, as relayed to me by my solo 401k provider (@Dmitriy Fomichenko) in a newsletter this morning includes the following hardship provision:Has experienced adverse financial consequences as a result of being (a) quarantined, (b) furloughed, (c) laid off, (d) who has reduced work hours that is due to SARS-CoV-2 or COVID-19, (e) who is unable to work due to lack of child care due to SARS-CoV-2 or COVID-19, (f) closed or reduced hours of the business the participant owns or operates due to SARS-CoV-2 or COVID-19, or (g) any other factors as determined by the Secretary of the Treasury.Your lack of child care should qualify as a hardship.If you can weather the tax hit, and you are concerned about income/tax burdens in retirement, maybe consider doing an in-service conversion of $100k to the Roth portion of your 401k (if your plan has it, and if it permits you to convert). 

Good morning Craig, current loan balence 710k, the refi would give me back roughly 190k back and also loaning mortgage roughly to 400 500 per month so I was trying to get most of my skin out of the game while also raising my noi.

Good Morning from Michigan,I am a 28 year old IT Professional from Michigan, who is branching out into the world of financial freedom.

Good morning BP!

On friday morning we encountered plumbing issues.

Good morning Damian, I believe you're in CA so what follows is based on my experience with closings there.