Make sure you verify all this with your tax professional.I simply record my time at the house doing work.

., some town halls being closed for recording).I would pay attention to the terms of the HELOC of course, obviously the rate but also any other terms such as ability to convert to a fixed and under what terms, how long you can keep an outstanding balance before it needs to be repaid in full, etc.

Such eventsare often addressed by a “Force Majeure Clause” allowing a party to suspend or terminate performance when circumstanceswhich the parties could not have anticipated, or which are beyond their control make performance of the contract impossibleor impracticable.The current world-wide Coronavirus (COVID-19) pandemic has had unprecedented impacts on real estate transactions,including, but not limited to, travel restrictions, self-imposed and governmentally required isolations, and closures of bothgovernmental and private offices required to fund, close and record real estate transactions.Accordingly, in the event complying with the Close Of Escrow is not possible or practical as a result of unforeseen circumstancesrelated to the COVID-19, such as Buyer’s or Seller’s inability to travel to sign documents, closings of or delays in relatedgovernment and business services, including for example delays by or closing of lenders, title/escrow, county assessor/recorder, or otherwise (hereinafter “Unforeseen Circumstances”) the Parties Agree as follows.

Like I said just a newbie, no lawyer, just wanted info to educate and hopefully proceed forward and buy my first property.Ill just wait for the recorded webinar, I guess.Kinda disappointed, but still have a year to evaluate more.      

You are also able to click on each lending company through the website and if their is a violation recorded against them from the DRE, the complete report and audit finding is posted to their license profile.CA is a little over the top with their reporting requirements but they do it for a reason.Each state is different.  

I expected a recording so I was surprised to get a real person on the line.

Established investors with a track record of deals should still be able to close with cash, LOC, or HM, but we will be surveying to deals to make sure they are no-brainers.

If 30 units too big right now, start with 10. so you're saying just buy multi now but how will I get loan if I don't have track record yet?

Hopefully the price war with Putin and the Saudis ends soon. sources: New Record: Texas Oil and Gas Industry Paid $16.3 Billion in Taxes and State Royalties in 2019, Most in Texas HistoryCertifying the 2018-2019 Texas State Budget

John Q Public is not being allowed in the various county recorders offices.