4 April 2020 | 1 reply
Note, EIDL loans are only available to businesses without access to credit elsewhere, such as existing lines of credit.Eligible industries include, but are not limited to, hotels, recreational facilities, manufacturers, sports vendors, owners of rental property, restaurants, retailers, travel agencies and wholesalers.
6 April 2020 | 10 replies
I also want access to all the data and tools that comes with being a broker.
1 April 2020 | 7 replies
Of course, when I receive my license soon, I know I will have an even larger pool of access to distressed properties and the like.
6 April 2020 | 9 replies
We will only need to access the property once, rather than being in an out of rentals where we could get sick from our tenants or be carriers transporting the virus from one home to another.
1 April 2020 | 11 replies
There’s a few strong business hubs with high home values and quick access to a vibrate community.
6 June 2020 | 4 replies
@Anthony Barbato the 3m equity should give you access to lender/bank financing, is there a reason for not using it?
5 April 2020 | 19 replies
Also, they help you make your first deal and they provide a community you can come to every week when having events with different investors speaking at them; you have this access for a lifetime.
30 March 2020 | 5 replies
If you end up with a $3700 rent payment, that doesn't actually improve your situation much.Refi your current home and drop another $100k on the balance to lower your payments and DTI.If you get a commercial loan, the lender will be more interested in the property performance (specifically, DSCR) than your personal DTI.Depending on the deal, offer a larger down payment, then look to open a LOC to access that additional equity, if needed.A partner could definitely make things easier in a case like this.
30 March 2020 | 6 replies
These relaxed rules were meant to help stave off financial disaster, not provide "access" to your tax-sheltered retirement savings.The tax amount due on the distribution can be paid in 1/3 increments over 3 tax years from 2020-2022, or paid in full with the 2020 tax year.If you are in distress, but take $100K in a distribution, that likely means the distribution will be taxed at some combination of 22% and 24%, so let's call it 23% That means roughly $23K that you will owe in taxes one way or another.
30 March 2020 | 0 replies
I’m under contract for a piece of land and I’ve been told the malware attack that hit the City of Durham is stopping records from being accessed prior to 1999.