Hello!I am a homeowner in the suburbs of Cleveland and am about 2 years into a modified BRRRR property. I bought a foreclosure, fixed it up over the past two years while living in it and am now refinancing (cash-out)...
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Hello all! The all-in-one loan, (according to my current understanding) is essentially a home equity line of credit in which your income minus life expenses minus your mortgage interest hits your mortgage debt princip...
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Depreciation(almost 35% of income), taxes(almost 35% of income), mortgage interest(almost 40% of income) lowering tax return this year taking my business income to negative value. Last year also it lowered to much mor...
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Hello fellow investors. I would just like to start by saying that this would be my first investment in real estate. I believe I have educated myself to the point that I am ready to make a move. I would really like to ...
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I talked with a small banker today and found out I was able to get a loan for more than I thought. She said all I have to do now is find the home that I want and let her know that I wanted to buy it.Does the first hom...
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I'm a commercial real estate broker and investor. My current portfolio is a 3 unit apartment and 3 single family houses that all have debt on them. I'm currently qualified to buy a primary residence and am saving up t...
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I'm located in the East Louisville area where there has been a ton of new SFH construction over the last 2 years as shown in the map below. These new SFH houses range from $300k up to $600k depending on the specific a...
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I'm a young investor who fell in love with real estate fresh out of high school. Instead of jumping into it early and getting into thousands of dollars of debt, took an alternate route and did my homework for 3 years ...
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Hi, so I live in CA and my state income tax wipes out my $10k allowable SALT Deduction. Leaving another $10k in property tax I can not deduct. I am wondering what would happen if I had my friend come and live in my ho...
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My wife and I built our home a little over 2 years ago, appraised at 265k during construction for loan purposes, assessed this year at 284k. (I think it would appraise for 280K no problem now based off comps in the...