I have a small business doing homes repairs and don't won't use my own house as a home base business office and I about get a $100,000.00 business grant from Leadership Grants in 2-3 months. So my question is they say no real estate speculation with the grants money, I like to know if I can use some of the money to buy a cheap small house as a office for my business cause I live in New Orleans and lot of these house sell for $3,000.00 and I just need a office for my small business and don't won't do no real estate flipping with this house for a office. And the Leadership grants say to use the grants money for business use only for my small business and would this work for me?
I am sure anytime someone gives out a $100,000 grant you can find someone to talk with about guidance. Call them and ask. It is better to find out before you screw up.
foreclosure does no longer advise the cost is too severe. foreclosure is a procedure by which a lender seeks to terminate a loan settlement even as the property proprietor both through planned moves, undesirable money administration, or unmanageable life events fails to maintain suggested settlement. Why would you punish the nicely to do for the options made by human beings? i imagine once you start up to inform absolutely everyone what they ought to purchase and a thanks to stay their lives, quickly thereafter a Nazi like authorities which limits the rights of its electorate in all parts of life will be controlling united statesa..
It appears as if you would want to stretch the limit of the or the spirit of the grant. You currently know that real estate speculation is not allowed. You want to know now if you would be able to purchase a house with a portion of the funds from the grant. Why would you not simply find a office in a commercial part of the city in which you reside. Why does it have to be a house and not an office. Why, if you don't want to work out of your home you would now want to purchase another house to use an office? You might re-read the conditions of the grant and the purpose of the grant. There might be penalties for use the funds of the grant to purchase this proposed house to do conduct your business out of. You might also ask of your case worker if this might be an option for you. Things like this cause those that come along behind for the same grant money to be scrutinized more. There are those that would always stretch the limits of a contract. You might be able to utilize the funds in the manner in which yo want, however,with the stipulation about real estate specifically in the grant approval,would lead me to believe that you would be walking a thin line for $3,000 I hope this has been of some benefit to you, good luck. FIGHT ON
