Looks like the sba and treasury has denied multifamily owners from accessing PPP funding. Terrific...https://www.nmhc.org/news/press-release/2020/apartment-industry-urges-sba-and-treasury-to-amend-paycheck-protection-...
For conventional loans via Fannie, I know that there is a 60 day seasoning for downpayment funds for conventional loan.
If you're receiving income from your W-2 employer, do these paycheck funds need to meet the 60 ...
Was thinking of offering an apartment to handyman type and offer him discount in exchange for being an on-site super for handling any "handyman" type of jobs (i.e. painting, install carpet). What sort of % discount...
I posted this on another BiggerPockets Forum and did not receive any replies...so I will try here:Starting out with a buy and hold real estate strategy...mostly single family or small 2-4 unit multi...currently my (u...
I am starting a new house flipping business and have questions on how I should set it up. To start the company I will take a cash-out loan on an existing investment property. This will be roughly $500k.I'm going to fl...
Hi everyone,I’ve had the hardest time figuring out if 1099 independent contractors working as real estate agents qualify to get money from the government under the disaster sba forgivable loans. It seems that we do, b...
Those with Jersey Shore vacation rentals:
Is there any local/state/federal aid being offered for vacation rentals? How about aid through online rental platforms like VRBO, HomeAway, AirBnB, etc.?
If the stay-at-hom...
Today, 4/14/2020, the SBA issued their 3rd "Interim Final Rule" (what a name!) in 2 weeks, reversing the method of applying for PPP loans/grants for partnership.https://home.treasury.gov/system/files/136/Interim-Final...
what would be the most practical and easier bookkeeping system for a real estate investor when you have to track flips as a project on itself, purchases, invoices, rentals, payroll etc?Once I did a Zoho week end train...
Hi guys,We own a couple of smaller properties (up to 32 units) that don't need on-site staffing but started to underwrite more significant assets.We wonder what the minimum property size that would require staff on pa...