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Updated over 4 years ago on . Most recent reply

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Axel Meierhoefer
  • Rental Property Investor
  • Escondido, CA
550
Votes |
676
Posts

Does anybody use government relief programs for investing?

Axel Meierhoefer
  • Rental Property Investor
  • Escondido, CA
Posted

Since the pandemic started in March, the government has passed a number of programs, extended some, etc. I particularly am looking at student loan repayment moratorium, mortgage forbearance, EIDL loans, PPP, SBA loans, etc.

When I look at all these options and using all of them it is amazing how much funding is now available for investing.

I wonder if you re also considering using some of this money, especially if you re an investor or part of the approximately 85% of people who still have their jobs?

  • Axel Meierhoefer
  • Most Popular Reply

    User Stats

    1,093
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    Mark H. Porter
    • Investor
    • SC NC, VA
    755
    Votes |
    1,093
    Posts
    Mark H. Porter
    • Investor
    • SC NC, VA
    Replied

    Any misuse will put you in jail.  Never use the EIDL or PPP for a capex or to get more assets else you’ll see the end of the road of real estate investing.

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