Matthew T.
Prepayment penalty with USDA?
Does the USDA loan have a financial penalty or a "prepayment penalty" for paying off the mortgage early or selling the property? How long does a person have to wait until they can sell a property with a USDA loan? ...
Lee S.
Time Penalties for Contractor
Has anyone done a contract with a contractor that includes time penalties? Example, Bid says job will be done in 8 weeks, after 8 weeks the contractor starts losing $500 a week. looking for a way to keep contractors...
Nick Hakim
AirBn'Busted ...NYC AirBnB Penalties
Hello Everyone,I've noticed that the forums for the NYC market are surprisingly sparse, but I'm assuming that's due to the level of difficulty associated with breaking into the market here. I'd like to generate discus...
Antonio Salgado
401k withdrawal without penalties?
Hey everyone. So I know this question has been posted before but here we go -I’d like to cash out my nyc TDA account. It’s like a 401k. I no longer work for the city. I have 98k. I could do a loan for 50k. If I cash o...
Talley Haines
Roth IRA withdrawal penalty
Has the penalty for taking money out of my Roth IRA changed because of the covid deal? I know I can take my original investment out without a penalty but what about the money that has been made? i would like to use ...
Kyle Mitchell
Prepayment Penalties on MF
Hi everyone,Looking for everyones thoughts on step down vs YM prepayment penalties. Would love to hear what you all think at this point in the cycle.Thanks,Kyle
Courtney Wroten
EPO penalty - advice wanted
Hi, I am the wife of a loan officer. I am trying to understand an EPO: how do you avoid this penantly/payback? How do you prepare for this (savings?)? Is there any way to refuse having to repay (the loan officer?)? T...
Rashad Gibson
Penalties for Rental Restriction
I am attempting to rent out my townhouse that used to be my primary residence. However, it's under a HOA. I'm not sure that I can rent out the property because of possible rental restrictions. I do not remember seeing...
Tim Carabine
Penalties from closing 401k
So I changed jobs a few years back and forgot about my 401k from my old job. I have a new 401k and even more benefits. In my old account I have 30k which I was told to move into my new one. Instead of moving it into m...
Thomas D Armistead
IRA early withdrawal penalty
Should I withdraw money from IRA to invest in rental property? I have enough reserve cash to finance 1 property with Cash on cash ROI 11.9 Or I can take an early withdrawal and buy 3.The penalty reduces the Cash on ca...