Hi AllI'm on my neighborhood association's problem properties community and we are tracking a large property in Kansas City, owned and managed by an out-of-state investor, who is delinquent on taxes and has multiple housing and health code violations.

If I'm understanding correctly, for a cash refinance...If you buy an investment property, fix/repair it, and get a higher appraisal, you can then take the $ difference and put a down payment on another investment, etc.If so, are there tax implications with a cash refinance?

I’m trying to buy a house in Phoenix using a second home loan, putting 10% down.I'm trying to understand why anyone would choose the 2/1 buydown if you end up paying the same amount of money, whether you select the 2/1 buydown option or not.

The property taxes and interest rates are just eating away at the cash flow, so I'm pretty much stuck doing flips in that market.Wanted to get your advice and hear your thoughts on where might be a good market for the BRRRR method these days?

We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Lately I find myself doing clerical duties making sure that I'm escrowing enough for taxes and insurance when I should be buying and selling notes and properties.

Do I try to throw more money to up the decor even more?

He is honest and knows Texas re law better than many tax attorney.

Also, what if I need more money for more than  just the FHA loan guidelines?