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.

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.

There’s a few strong business hubs with high home values and quick access to a vibrate community.

@Anthony Barbato the 3m equity should give you access to lender/bank financing, is there a reason for not using it?

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.

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.

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. 

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.

At the very least, hire a property manager for your deployment and leave a trusted family member in charge of handling any decisions that may come up while you have limited access to your phone. 

It would leave the property on the LLC books as an investment property and the rate would be higher but it would give me access to the current equity in the property.