In Bay Area, in normal days, 3b2b is about 4500 dollars per month, which still leaves us a big negative cash flow.Originally posted by @Varun Talluri:Is renting out the 3 beds and having tenets instead of Airbnb not an option?

What I meant by that is how would accepting this loan prevent me from growing through "normal" operations (i.e.

When buying a house is it normally the down payment to be used to fund the house since you don't have the full amount to buy the house in full ?

Technically, conventional loan property condition requirements include:Water and electric must be on and functioning normally at the time of the inspection.Roof - 3 years of service life remaining.

Would the diligence period be on the normal real estate contract for Atlanta?

It’s listed in BC, with the same brokerage that my Realtors I normally use works at (another Realtor) Any reasons I should use a different brokerage to submit an offer?

It's normally the same price as title company but they can do more.

I know I normally am not able to pull losses from my rental because its considered passive, but I'm wondering if the fact that I did a flip can move that income into active.thanks in advance for any guidance

Payments that you make normally fall into one of 3 buckets100% of the payment can be factored in somewhere on the returnPartial payment can be factored somewhere on the return0% of the payment can be factored in somewhere on the returnHouse-hacking also has considerable tax implications in the event that you want to sell this property.You can potentially defer a portion or all of the gain on the investment property with 1031 exclusion.You can potentially exclude a portion or all of the gain on the personal residence with section 121 exclusion

Here is what my EIDL documents say and I would like to discuss some points here:Borrower will not sell or transfer any collateral (except normal inventory turnover in the ordinary course ofbusiness) described in the "Collateral" paragraph hereof without the prior written consent of SBA.USE OF LOAN PROCEEDS· Borrower will use all the proceeds of this Loan solely as working capital to alleviate economic injury caused bydisaster occurring in the month of January 31, 2020 and continuing thereafter ...REQUIREMENTS FOR USE OF LOAN PROCEEDS AND RECEIPTS· Borrower will obtain and itemize receipts (paid receipts, paid invoices or cancelled checks) and contracts for all Loan funds spent and retain these receipts for 3 years from the date of the final disbursement.Borrower will not sell or transfer any collateral (except normal inventory turnover in the ordinary course ofbusiness) described in the "Collateral" paragraph hereof without the prior written consent of SBA.1.