Investment Info:

Small multi-family (2-4 units) buy & hold investment in Tucson.

Purchase price: $490,000

Cash invested: $40,000

4-plex consists of four 2 bed/1 bath units.
- Two are one story, a...

The term Force Majeure shall include, without limitation, acts of God, plague,epidemic, pandemic, outbreaks of infectious disease or any other public health crisis, including quarantine orother employee restrictions, fire, explosion, vandalism, storm or other similar occurrence, orders or acts of military or civil authority, or by national emergencies, insurrections, riots, or wars, or strikes, lock-outs,work stoppages, or other labor disputes, or supplier failures.

I am planning on doing this when all this COVID19 crayzyness will be over (and I can leave my country without comming back for a two weeks quarantine...).Do you know if your area is s good area to fix&flip? 

Right before the quarantine, a house in my neighborhood got multiple offers at what I felt was a high price.

Very powerful tool and right now a withdraw not a loan even more so: covid related economic injury and you have no penalty on withdrawal and 3 years to pay the taxes....cardule though, like most powerful tools it can pack a hell of a kick if used carelessly :)Payments on a 401k loan taken under the CARES Act must be paid back starting in 2021 over a 5 year term.Here are the details regarding the loans:NEW LOANS:The CARES Act which was enacted to provide relief to individuals impacted by COVID-19 allows for increased 401k loans and more flexibility for repayment of these loans.Specifically, you must be an individual who meets one of the following conditions to demonstrate that you have been impacted by the crisis (and it will be your responsibility to retain documents in your files that demonstrates that you are a qualified individual):Individual who is diagnosed with COVID-19, with a CDC-approved test;Individual whose spouse or dependent is diagnosed with COVID-19, with a CDC-approved test; ORIndividual who experiences adverse financial consequences as a result of being quarantined, furloughed, laid off, having work hours reduced, being unable to work due to lack of child care due to COVID-19, closing or reducing hours of a business owned or operated by the individual due to COVID-19; or other factors as determined by the Treasury Secretary.On or before September 23, 2020, such individuals take a 401k participant loan subject to the following terms:Maximum Amount of the Loan: 100% of their 401k balance not to exceed $100,000.

Another worry might be it's current quarantine and how that could effect you right now. 

It’s a great activity and has been exploding since quarantine as it’s a great way to get outside and still socially distance.

When any California region is under a Regional Stay Home Order, no hotel or lodging entity in California can accept or honor out of state reservations for non-essential travel, unless the reservation is for at least the minimum time period required for quarantine and the persons identified in the reservation will quarantine in the hotel or lodging entity until after that time period has expired.Additionally, hotels and lodging entities in a county under a Regional Stay Home Order cannot accept or honor in-state reservations for non-essential travel.Hotels or other commercial and residential buildings may offer lodging for essential functions and travel including COVID-19 mitigation and containment measures, treatment measures, accommodation for essential workers, or housing solutions, including measures to protect homeless populations.

I knew I had a rare and desirable penthouse for passing time during the lockdown with a lot of outdoor space, which is desirable for maintaining your sanity during one of the most strict quarantines.

Quick BackgroundI'm a first time investor that fell in love with Austin, ironically, by getting quarantined there for 1/2 of 2020.