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Results (10,000+)
Joseph Newton Finding Bank/Credit Unions for Wraparound
9 August 2020 | 1 reply
I am trying to find additional institutions that understand and are ok with this type of transaction.
Jason Avila Thrift savings plan loan
8 August 2020 | 2 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that the account into which the funds are deposited must be the same type of account from which the funds were first withdrawn (e.g. withdrawal of pre-tax funds from a 401k could be deposited in a pre-tax IRA but not a Roth IRA - "like to like").Loans:Payments on a 401k loan taken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.
Mini Grider Refinancing Home Mortgage
28 August 2021 | 4 replies
And if so, who is the best mortgage institution out there to do business with?
Chris Seveney Finding Note Sellers - Most are doing it wrong
11 August 2020 | 10 replies
Once you get comfortable sometimes it may be more streamlined to talk directly but not a must. until you can make a purchase of a few million, most large funds won’t talk to you and banks typically sell to institutional investors.
Matthew T. ??Main Street Lending Program??
15 October 2020 | 2 replies
Has anyone found a bank that is participating in the Main St Lending Program?
Bert Knot New Member Introduction to BP
8 August 2020 | 6 replies
Dear BP members, I'm new to this forum.I'm a real estate investor living in Tel Aviv and Amsterdam.I have been active investing in Real Estate in Western Europe for more than 15 years building up an significant portfolio funded by institutional funds.Last year I have decided to expand my activities in Miami, where I already acquired some single family assets to get familiar with the processes and the market. 
Steven A. Refinance after forbearance
15 May 2021 | 17 replies
Hi Steven,You won't be able to cash out or refinance in a period of 3 years with the institutional or government loans. 
Emi Augustin Cleveland Real Estate Investors
11 August 2020 | 9 replies
Once you join one chapter you are automatically entitled to participate in any chapter in the state, which is great as many of us invest in different areas.  
John Caleb Pavlus Cash Out Refi, HELOC, or Home Equity Loan ?
10 August 2020 | 7 replies
Where are you finding the best fixed terms - Local or Institution?  
Bryan Waller New Western Canadian to the Community
20 August 2020 | 8 replies
If they are having online events/meetings these days, you might actually be able to participate.