![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1799927/small_1621515665-avatar-matthewkonkel.jpg?twic=v1/output=image&v=2)
9 July 2020 | 41 replies
@Alison Walden if you’re investing those numbers are slightly off because almost all reputable lenders require 25% down.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/405848/small_1696596739-avatar-jmills1.jpg?twic=v1/output=image&v=2)
15 July 2020 | 7 replies
There is substantial momentum building for the first time but this area still is still severely economically depressed, the crime is really bad and the reputation will still keep people away for a long time.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1805759/small_1621515726-avatar-chrisb1050.jpg?twic=v1/output=image&v=2)
24 June 2020 | 29 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that the account into which the funds are deposited must be the same type of account from which the funds were first withdrawn (e.g. withdrawal of pre-tax funds from a 401k could be deposited in a pre-tax IRA but not a Roth IRA - "like to like").Loans:Payments on a 401k loan taken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.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1488371/small_1621512814-avatar-ronb165.jpg?twic=v1/output=image&v=2)
25 June 2020 | 9 replies
Get with a reputable title company to get the property with clean title.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1756562/small_1695767799-avatar-roberty69.jpg?twic=v1/output=image&v=2)
25 June 2020 | 10 replies
I would also speak to an accountant to figure out the tax consequence if it doesn't qualify.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/357779/small_1694974053-avatar-eddyramosrlt.jpg?twic=v1/output=image&v=2)
22 June 2020 | 0 replies
Looking for a reputable title company not not only will help in the final stages of my refinance - but also as I move forward and continue to purchase more real estate.
23 June 2020 | 6 replies
@Angela DePotoYes, you could back out, there will or will not be consequences depending if buyer let's you out of contract.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/622376/small_1621494005-avatar-lloyds4.jpg?twic=v1/output=image&v=2)
2 July 2020 | 3 replies
Consequently, the downturn in pending home sales in March and April served as a warning that May’s existing home sales numbers would be down considerably.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/279070/small_1621441137-avatar-firefighter8251.jpg?twic=v1/output=image&v=2)
26 June 2020 | 7 replies
Research the reputation of the HOA management company and/or interview homeowners in the community.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1430616/small_1621512230-avatar-masonc44.jpg?twic=v1/output=image&v=2)
23 June 2020 | 20 replies
A small percentage would rather not work with Realtors.The advantages are, I've developed a reputation that is respectable and people know I'm an investor who likes to create a win for everyone.