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10 June 2020 | 5 replies
Due to the CARES Act, the 10% penalty is being "Waved" in 2020 assuming you meet the loose requirements that they have.Any individual who has experienced “adverse financial consequences” because they’ve been quarantined or furloughed, or because their hours at work were cut.Individuals who haven’t been able to work because they’ve had to stay home to take care of their kids.Business owners who have had to slash operating hours or shut down due to the outbreak.Basically the Fed's are printing money at an alarming rate which in turn "devalues" the dollar.
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10 June 2020 | 2 replies
SHould I change the title to be in my individual name or is there another way?
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24 June 2020 | 1 reply
Both properties have the tenants growing cannabis growing in them.
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10 June 2020 | 1 reply
The loans could potentially be broken up into 4 individual loans (per property) if the number of units is an issue for traditional lenders.
11 June 2020 | 12 replies
An individual on my team has a multi family in contract for himself just walking distance from beach that will be negative for a couple years until it turns positive but its a great long term investment for him.Good luck!
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10 June 2020 | 10 replies
That's typically more expensive and less favorable borrower terms, so it turns off a lot of buyers.Depending on the part of town that it's in, a good exit strategy could be to do a condo conversion and sell of each unit individually.
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9 June 2020 | 3 replies
If so, print them out or send e copies along with a detailed letter explaining your contract-project based relationship with the individual as a response to the letter.Also, this so called friend would have had to file for unemployment and provide your info even though they know you’re not their FT employer so I’d use the term friend very sparingly in this situation.
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1 July 2020 | 25 replies
With all that being said, it really comes down to you as an individual and how comfortable you are with the distance and how hands off you want to be.
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11 June 2020 | 2 replies
I don't know one individual on the buyer (networks) or seller (producers) side who aren't in fear of losing their job on a regular basis.
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17 June 2021 | 13 replies
A maximum of two legal dwelling units per parcel of land may be approved forseparate individual short-term residential rental unit permits.