Russell Buxton
Pay off mortgages or use interest as tax deduction?
I have 4 mortgages where I am paying approx. $35k per year in interest. This obviously reduces my tax burden. With other deductions, I pay no taxes at all. I have the funds to pay off these mortgages. Would it be wis...
Scott S.
HELOC or Cash Out Refi. BRRRR Questions
Maybe this question belongs on the BRRRR forum. In any case, I'm asking about financing AND BRRRR so I guess it could go in either place. I have a rental unit (3BR/2BA) that I planned on doing a BRRRR with. I got i...
Derick Passram
Buying land/Building a personal house
Hi, I recently found out about construction loans and it excited me at the thought that I could potentially build a custom home faster than I assumed. How exactly do these loans work and are they an efficient way to s...
William Lewis
Refi or HELOC...??.......!?!?
My wife and I started investing officially 12 months ago. We had been "househacking" or renting our old condos before that. 12 months ago, we paid cash for our current rental (because we couldn't get a loan as a resul...
Jeff Houpt
What rate are you getting from your portfolio lender?
Hi Bigger Pockets!Thought I would do a sanity check and see what kind of rate others are seeing from their portfolio/nonconventional lenders. Specifically the financing terms your getting on your 11th+ homes. My lende...
P R.
pulling equity from one rental to purchase another rental
Howdy. Straight to my question - Whats the best way to pull out equity from mortgage free (paid off) investment rental (property 1) and take that money and purchase a 2nd, lower value long-term rental (property 2) ?
...
Matthew Teuschel
Lease Purchase Option When The Seller Has A Variable Rate Loan
Hello everyone. Getting started with lease purchase options and was wondering if this strategy was still possible if the seller has a Variable Rate Loan?My goal is to buy the property via lease option purchase and the...
Tyler Powell
Max Borrowed Debt with Low Rates
Hey BP Members!I own one Condo here in San Diego, CA and looking to add more income generating assets. There is one thing that I have not gone thru and therefore don't understand how people are accomplishing "it".How ...
Tim S.
My first rental property
I currently live in a 2 bedroom SFH purchased for 36k (bank loan of 30k and 6k down payment).
I am now interested in purchasing another similar home except with 3 bedrooms. I will again be using the bank to finance t...
Carlos Silva
When do Rental Prices fall
Do rental rates usually fall when interest rates increase and home values decrease?