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All Forum Posts by: Jason Capalad

Jason Capalad has started 9 posts and replied 24 times.

Post: Investor Friendly Lender

Jason CapaladPosted
  • New to Real Estate
  • Bellevue, WA
  • Posts 24
  • Votes 4

@Sharon Mittelman could you send me info also? Looking to purchase in MS if you service that area.

Post: Need PM in seattle area

Jason CapaladPosted
  • New to Real Estate
  • Bellevue, WA
  • Posts 24
  • Votes 4

@Sergey A. Petrov

It's in Redmond washington, would like a long term rental. It is a townhouse.

Post: Need PM in seattle area

Jason CapaladPosted
  • New to Real Estate
  • Bellevue, WA
  • Posts 24
  • Votes 4

Hello! Any good recommendations for a good property manager in the Seattle area? I have a tight timeline so I need a good local property manager.

Post: HELOC for investment property

Jason CapaladPosted
  • New to Real Estate
  • Bellevue, WA
  • Posts 24
  • Votes 4

@Aaron Byrne

Thanks, makes sense, appreciate the info!

Post: HELOC for investment property

Jason CapaladPosted
  • New to Real Estate
  • Bellevue, WA
  • Posts 24
  • Votes 4

Hello BP, i am looking for a HELOC to upgrade another one of my homes, when I applied, i was told helocs aren't allowed for investment properties and that i would have to do a full cash out refi. I was also told 35k is too low for a HELOC. Is this accurate? I don't want to do a full cash out refi because my locked rate is 3%.

Post: Cash out refi with high interest rates

Jason CapaladPosted
  • New to Real Estate
  • Bellevue, WA
  • Posts 24
  • Votes 4

@Brandon Beardt thank you for the input!

Post: Cash out refi with high interest rates

Jason CapaladPosted
  • New to Real Estate
  • Bellevue, WA
  • Posts 24
  • Votes 4

Anyone doing cash out refis with interest rates rising? My current rate is 3.25% and it's time for me to cash out and buy another property but not sure if that is the right decision at this time since interest rates are now over 5%.

Looking for your thoughts and/or other ideas you guys are doing to leverage your properties equity.

Post: Amex annual fee for taxes

Jason CapaladPosted
  • New to Real Estate
  • Bellevue, WA
  • Posts 24
  • Votes 4

Ok thanks for the input!

Post: Amex annual fee for taxes

Jason CapaladPosted
  • New to Real Estate
  • Bellevue, WA
  • Posts 24
  • Votes 4

Can i claim the amex annual fee on my taxes if i use that card for my rental expenses? I don't have a business or llc, i just file my rentals on my personal ssn.

Post: Partners when buying long term rentals

Jason CapaladPosted
  • New to Real Estate
  • Bellevue, WA
  • Posts 24
  • Votes 4

Had anyone ever partnered with other people for a long term rental/ rentals? Like 3 people want to equally share down payment and profits? If so, did you open an llc together or just have one person get the loan with legal docs to ensure fairness? If anyone has experience with this i would love to hear your opinion and lessons learned.