Christopher Abele
First Investment Property (SFH w/ questions!)
15 September 2020 | 10 replies
Run your math.Here are the general considerations regarding 401k loans.401k Participant LoansIf your 401k plan allows for 401k participant loans, the maximum loan amount is equal to 50% of the balance up to $50k.
Brandon Malone
Fishy Rental Assistance Request.
26 January 2021 | 15 replies
I will not participate in fraud.Your situation sounds like it may be something similar going on.
Silvie Fojon
Looking for advice from realtor with conventional loan experience
18 September 2020 | 4 replies
@Silvie Fojon@Mya TooheyHere are the general considerations regarding 401k loans.401k Participant LoansIf your 401k plan allows for 401k participant loans, the maximum loan amount is equal to 50% of the balance up to $50k.
Manaury Marte
Contractor for a 201k loan
16 September 2020 | 1 reply
It really just takes the right team, and a good loan officer and lending institution that does a bunch of these....not dabble, but specialize.
Christian Walker
This is a great deal but Im having a hard time finding lenders
24 September 2020 | 8 replies
It will be hard to get financing from a traditional financial institution which I am sure you are aware of, unless you already have some wealth accumulation.
Tucker Cummings
Savings / Cash Building Tips
18 September 2020 | 5 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that the account into which the funds are deposited must be the same type of account from which the funds were first withdrawn (e.g. withdrawal of pre-tax funds from a 401k could be deposited in a pre-tax IRA but not a Roth IRA - "like to like").Here are the general considerations regarding 401k loans.401k Participant LoansIf your 401k plan allows for 401k participant loans, the maximum loan amount is equal to 50% of the balance up to $50k.
Farida Mostajabi
Conventional loan up to 10 properties
17 September 2020 | 7 replies
@Wayne Brooks yes Fannie Mae changes their rule from 4 properties to 10 properties in 2009 but most institutions still stick to 4 properties since the guidelines are different for property 5-10.
Andrew Fisher
First Investment Property
19 September 2020 | 6 replies
Very few people are using traditional hard money lenders these days because the institutional lenders are cheaper and offer much better term options.
Bruce Lualemaga
New in real estate in UTAH.
21 September 2020 | 10 replies
Be sure to check it out and participate on those conversations.
Ari S.
Why has Multifamily Stayed Hot During the Pandemic?
23 October 2020 | 9 replies
A lot of institutional money that would have been flowing into Hospitality, Retail and Office has also helped boost MF valuations.