How does the $6 Trillion help you as investor

How does the $6 Trillion help you as investor

Rental Property Investor · Manchester, NH · Member since 2019 · 19 posts · 7 votes

Interested to know how the Coronavirus stimulus package helps you as investor.

Also, tenants can’t pay rent and investors can’t pay mortgage. Is the real estate market going to crash again? Worst than the last one?

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Rental Property Investor · Northern, CA · Member since 2012 · 5k+ posts · 5k+ votes
6y

@Russell Brazil It’s a $2 trillion dollar package but you gotta add the wholesaler fee on top of that. 

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  • Rental Property Investor · Portland, ME · Member since 2019 · 160 posts · 231 votes
    6y

    @John Dennis

    As far as I understand it is 1 per business/individual.

    I can’t say for certain though.

    I am quite sure that the SBA would not want individuals with multiple companies receiving multiple grants/loans as there will be a limited number of grants available.

    Typically the SBA views businesses with common ownership as affiliates and calculates them into the size and eligibility calculation.

    This is a unique loan program administered directly by the SBA and Treasury and it’s rules seem quite fluid so I cannot say anything for certain as it pertains to your question unfortunately.

    Best of luck!

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