
31 March 2020 | 3 replies
Known as the Paycheck Protection Program, the initiative provides 100% federally guaranteed loans to small businesses.

1 April 2020 | 5 replies
I mean if realtors, plumbers and electricians are essential you could probably slide it under real estate where I believe there were some federal guidelines to override local ones.

1 July 2020 | 8 replies
I hear other agents advise clients to just dip into their reserves.
2 April 2020 | 2 replies
The payoff amount for the mortgage would be around $86,000 and the current monthly payment (Principal + Interest) is around $2300.My HELOC currently has no balance whatsoever, and has about a $230k credit limit with a 4.49% interest rate.If I were to take $86k from the HELOC to pay off the mortgage, I believe the monthly payment (interest only) would be around $436 per month.My current job is stable for the moment, and I do have some cash reserves.
11 May 2020 | 16 replies
Not to mention, I feel I would be in violation of my tenants safety by allowing their units to be viewed during the stay at home order.Does anyone know of any local, state, federal, anything, assistance for someone in my shoes?

8 April 2020 | 13 replies
I used Navy Federal for my first go around and had $38k in closing costs...for a condo.

2 April 2020 | 7 replies
You will definitely want to factor more economic vacancy right now, 12-18 months reserves per current lending requirements, lower LTV and much lower rent growth, depending on the asset and location, if any at all during this time as we will see more and more rent controls coming out of this situation.

2 April 2020 | 2 replies
I doubt it you should consider some reserves for this especially with 3 building.Reconfigure this and looks ok.

3 April 2020 | 5 replies
Can you justify this first deal as a property to learn with and have the cash reserves to cushion you in case things go bad in the market or with the property?

31 March 2020 | 0 replies
The current state and federal guidelines both recognize housing as critical to the infrastructure of the country.