And how does that impact taxes at the end of the year, considering that the LLC won’t actually own the mortgage?

Provided our DSCR, global cash flow, reserves, etc. qualify for the loan it also wouldn't impact the rates or the LTC for the project.  

Hi All,Curious to know people's thoughts on how Covid-19 will impact people's desire to live in urban environments over the next 30 years.Anyone who works at a desk no longer needs to be in the office Monday to Friday.In a recent Bloomberg survey,  30% of office staff work from home at least 1 day a week.

During this year if you have been financially impacted by COVID-19 you can withdraw up to 100k from your 401k and have 3 years to pay it back.  

Reason being, you can simply convert the unit into something that is less impacted by the current state of affairs.

It is the first year it surpassed tier 1 markets such as New York, Los Angeles, Seattle, which makes sense as these cities have been impacted significantly by the pandemic.

a little about myself:> Based in Philly> Specialize in Digital Marketing/ Automated Prospecting> I run an Airbnb Management Company (also based in Philly)> I also was running a 420 friendly entrepreneurial networking event too (Prior to covid)So due to covid impacting our airbnb business/ networking event, I began looking into RE Wholesale. 

@eva morelKeep in mind that in order to take a distribution or loan under the CARES Act you must have been impacted by the virus in one of the enumerated ways & your current account provider must allow you to take a CARES Act distribution or loan.

a little about myself:> Based in Philly> Specialize in Digital Marketing/ Automated Prospecting> I run an Airbnb Management Company (also based in Philly)> I also was running a 420 friendly entrepreneurial networking event too (Prior to covid)So due to covid impacting our airbnb business/ networking event, I began looking into RE Wholesale.

Will today’s fed news have a negative impact on residential real estate?