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21 April 2024 | 12 replies
We've considered home equity loans, HELOC, even credit card with high limit and 0% interest for many months.
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23 April 2024 | 7 replies
We would never allow this.What is your tax situation - I don't see anyway you end in a good situation by selling due to depreciation and payback and realtor fees, selling, closing fees etc unless you 1031 into something.
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22 April 2024 | 1 reply
If you have trouble finding a lender, look to local community banks and credit unions.
22 April 2024 | 4 replies
In looking back at my tax records, I did not “abandon” the property, I just had no rent to claim the next years, in 2021 and forward.
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22 April 2024 | 2 replies
I have researched some of the banks the threads recommend; BECU, Sound Credit Union, FirstTech, and a couple of other bigger ones but would like to see what a local bank would offer.
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22 April 2024 | 4 replies
I don't have much in the way of equity but continue to save to buy my first property, I have great credit and a DSCR lender who is willing to lend to me, but I am missing the equity for the deals.
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22 April 2024 | 4 replies
When looking at an LLC, or any entity structuring, there are two angles to consider: tax benefits and asset protection.I frequently see asset protection lawyers recommend an LLC for each rental property owned for liability purposes.
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22 April 2024 | 13 replies
Most of the coast is unjust toward Landlords, higher taxes, and other negatives.
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21 April 2024 | 6 replies
I’ve checked into my Credit Union and Primary bank.
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22 April 2024 | 12 replies
I’ll reach out to some hard money lenders and definitely look into the FHA 203k Another option that I was recommended by my hard money lender today- was to open a business credit card for smaller loan amounts.