Yes you can use the cash out proceeds to payoff a mortgage balance for an investment property since it is still qualified as business purpose use. 

I know a few of mine are Family, Health, and personal growth, but I am curious as to what others are thinking.

Whether it's about real estate investing, personal finance, or any other topic, I want to empower others with the tools they need to succeed without expecting anything in return.However, not everyone shares this philosophy.

And a washer & dryer are critical for those of us traveling away from home for more than a few days.One of the things I love about our small 2-person Airbnb is that I never have to worry about big, illegal, violent drug parties or families having a field day jumping up and down on our beds.If single people or couples are likely to be visiting Branson, they make awesome guests. 

Out of principle, i personally would have hard time looking the other way and allowing this dishonest person to take advantage of my property like this.

Even if you are filing an extension I have tried to put some things together here that will help you DECREASE your personal tax liability and INCREASE your income for qualifying for a Fannie Mae and Freddie Mac type of loan.This post is designed to help persons who may need a Fannie/Freddie loan on a 1-4 unit property.

I'm a numbers person with decent negotiating, project management, and administrative skills, and I was counting on those talents plus some education to be enough to get taken seriously.

Which is about 3 months of rent but i can deduct thay in my taxes against rent.Or are you guys using Heloc as I won't be able to deduct that from my rent is what I read.Also is there a better way to find lender with less fees for closing for cheap investment rentals.Currently I have 5 rental. 2 with personal home mortgage and 3 paid cash so no mortgages.

i’ve considered multifamily multiple times, but finding the right person to help me that wasn’t just trying to sell mentorship seemed overwhelming.One of the things that I would want to do in an apartment purchase is to do more than simply syndicated.

Try to keep the tenant for 20 more years would be my advice personally.