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Updated about 2 years ago on . Most recent reply

Andrew Pettit's profile image
Andrew Pettit's profile image
Andrew Pettit
  • Rental Property Investor
  • from Rhode Island
  • Member since Jul 9, 2017
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User Stats

100
Posts
19
Votes
Andrew Pettit's profile image
Andrew Pettit's profile image
Andrew Pettit
  • Rental Property Investor
  • from Rhode Island
  • Member since Jul 9, 2017
Connect
Andrew Pettit
  • Rental Property Investor
  • Rhode Island
19
Votes |
100
Posts
General Real Estate Investing

Can I WRITE OFF Interest on a PERSONAL Loan Used for RE?

Andrew Pettit
  • Rental Property Investor
  • Rhode Island
Posted

Good morning, 

                I took out a personal loan for RE investing in order to bridge the gap in the acquisition and then I am going to cash out refi. Can I write off the interest on the personal loan and will the bank frown on me using a personal loan when I go to cash out refi? 

Thanks,

Andrew

  • Andrew Pettit
    • Providence, Rhode Island
    1 Vote
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