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26 November 2024 | 25 replies
Rehab it, we refinanced it and put a renter in it.
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26 November 2024 | 17 replies
This structure offers liability protection, scalability, and tax benefits but involves administrative complexity, potential California franchise tax if managed there, and refinancing challenges due to personal guarantees.
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22 November 2024 | 1 reply
If you are refinancing within 60 days of your renewal date, you will likely have to pay the first year's premium at closing.
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23 November 2024 | 7 replies
.), and interest rates will normalize again so refinancing will help bring down the interest rate.
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2 December 2024 | 33 replies
Some will buy with cash with the goal of refinancing the cash out later, so that could be a strategy.
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21 November 2024 | 14 replies
Refinancing could be a challenge if your score hasn’t improved by then.
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20 November 2024 | 15 replies
Later I refinanced it with a VA IRRL for better cashflow.
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20 November 2024 | 11 replies
If you are just refinancing, you would be fine.
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19 November 2024 | 8 replies
There’s no specific IRS rule against refinancing a cash purchase and deducting the interest, as long as the property is used for investment purposes and the loan is secured by it.
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18 November 2024 | 0 replies
Refinanced in 2020 to 3%, boosting cash flow to $500/month.