27 August 2020 | 3 replies
HI Marcus, doing those credit pulls won't be a problem when it comes to mortgages, but will negatively impact your ability to get access to unsecured lines of credit if you choose to go that route at some point (which I recommend).
28 August 2020 | 2 replies
It seems to me the biggest impact on the typical syndication & passive syndication investor would be adding "spousal equivalents" to the definition, so spousal equivalents can pool assets to qualify, and Family Offices with at least $5 million in assets under management and their “family clients.”
27 August 2020 | 6 replies
Hello everyone. My husband and I are new to mobile home park investing. We are under contract for one and in talks to buy another one in a few weeks. This question below is for our park-owned homes.
The properties t...
26 August 2020 | 0 replies
Homes 3-4-5 have all been paid in cash, however tenants in 3 and 4 are not paying at this time due to Covid-19's impact on their employment.
29 August 2020 | 3 replies
And how does that impact taxes at the end of the year, considering that the LLC won’t actually own the mortgage?
27 August 2020 | 2 replies
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.
29 August 2020 | 5 replies
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.
27 August 2020 | 1 reply
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.
27 August 2020 | 3 replies
Reason being, you can simply convert the unit into something that is less impacted by the current state of affairs.
29 August 2020 | 6 replies
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.