Keegan Darby
URGENT: Creative financing advice needed
20 June 2020 | 4 replies
@Keegan Darby the only other options I can think of are private loans from family or friends - the advantage with these are that they don't impact your credit so when/if you decide to refinance, the outstanding loans won't impact your DTI ratios.
Hjiorst Fjioords
Finding Tenants During Covid-19, as of June, 2020?
27 June 2020 | 4 replies
The impact is market-specific of course, but I would agree that fewer purchases = more rentals.
KATHY H.
Cash out refinance on rental property
22 June 2020 | 8 replies
I hate to see that impact you, but just giving you better explanation of the current lending landscape.If holding the property long term, it makes more sense to buy down the rate (2-3pts) as the lender can provide better long term value to you, knowing you will not Refi 6 months later.
Jared Schofield
Beginner trying to get started
21 June 2020 | 2 replies
I'm not saying don't strive to knock it out of the park on each deal...but there is an opportunity cost that is negatively impacting people that sit on the sidelines waiting for the perfect deal...and those people don't factor that cost into their numbers.
Brian Anderson
Increased Security Deposit for New Renters
22 June 2020 | 6 replies
Not a guaranteed route for rental income but locks in a mechanism for recovery of funds via debt collection method, and the pressure point of negative impact to credit report.
Asim Sheikh
Section 8 and corona virus situation
21 June 2020 | 2 replies
I am wondering whether anyone has any experience if there has been an impact to the section 8 voucher program as a result of the entire Corona virus situation.
Mazen Al Ashkar
Rehab or sell As-Is property in Danville, VA
21 June 2020 | 2 replies
It's a struggling market even in the best of times, and industrial employers in the area are very likely going to be impacted by the current recession.
Logan Jorns
Focus on the process, not the goal
19 July 2020 | 2 replies
Or, what processes do you feel have the greatest impact when working towards your REI goal?
Drew Lamb
Previous Renters, Now Landlords
23 June 2020 | 4 replies
I’m wondering how big of an impacted it has made on your decisions as a landlord?
Chris Bell
Purchasing My Grandmothers Home
24 June 2020 | 29 replies
@Chris BellKeep 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.Distributions:If so, you can take a penalty-free distribution (as well as waive the 20% withholding requirement) from your 401k (assuming that the employer allows it) anytime between 1/1/2020 and 12/31/2020.