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11 August 2020 | 71 replies
My version of B grade is with some filtering get student or young professional tenants with 700+ credit or parent cosigners that have that and they stay for an average of 1- to 2 years and they pay everything leaving no money owed and leave with no damages to the unit.
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24 June 2020 | 0 replies
So my question is, Is it easier to transfer your parents home to your name then refinance?
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29 June 2020 | 0 replies
My parents had helped me build up credit since I was 16 years old and then I got a full time job that was good enough to get financed for a USDA loan on this home.
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1 July 2020 | 6 replies
I am living at home (with parents) still to save money so I am not intending on using an FHA loan but that may change depending on what is out there and what kind of funding I can (or can't) find.
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1 July 2020 | 6 replies
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that the account into which the funds are deposited must be the same type of account from which the funds were first withdrawn (e.g. withdrawal of pre-tax funds from a 401k could be deposited in a pre-tax IRA but not a Roth IRA - "like to like").Loans:Payments on a 401k loan taken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.
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30 June 2020 | 1 reply
I'm 16 and the markets that my parents invest in are getting flooded with investors and I feel like the prices are going to be too high when I am old enough to buy a rental property of my own. how can I find an upcoming/undervalued market?
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30 June 2020 | 5 replies
I live in LA and didn't find out about the purchased until after my parents forked over the money.
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30 June 2020 | 2 replies
You can't garnish welfare, social security, child support, social service assistance funds, retirement accounts...but the "deadbeat" tenant will cost you your retirement funds and deplete your financial assets.
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2 July 2020 | 1 reply
Living for free and moving out of my parents house How did you find this deal and how did you negotiate it?