I'm looking in to getting a HELOC on my investment property and was wondering if anyone from Loudoun/Fairfax County had experience with this. I've heard it can be difficult to find a bank willing to do a HELOC on an ...
Hello Investors - to piggyback on my last question about sell or hold rental property, I want to avoid paying capital gains which would be about 25K. Trying to be creative without doing a 1031. Here is my question: ...
My friend loaned me 100% of the 15k purchase price for a fixer upper with 5k cash out for repairs.I completed the rehab with 25k from my home equity line.For his security, we put the house in his name. Option 1. Sell:...
Hello all! Nice to meet you BP! My name is Kyle and this is what my current venture into my own bigger pockets looks like so farShort synopsis, Single, 50% custody, [100%]father. Finally had a divorce finalize about 1...
Hey guys,I own my own place in NYC with a hefty mortgage payment and building maintenance/tax fees etc. I have no other debt.Currently my DTI, if I include the mortgage and the full maintenance monthly fee for my buil...
Hi All! I'm going to describe my scenario in general terms for the sake of simplicity - here it goes!My wife and I are currently living in a house that we enjoy very much. The house was purchased May 2014 and the mor...
Here's a situation I've come across. How would you handle this?
- A married couple owns a home on Long Island, NY. They haven't lived together for 20 years- He is an out of state resident residing in Massachusetts,...
Hi guys. I have a property that I purchased and improved, all cash in September/October 2021. The property functions as a short term rental, to nurses with longer contracts and airbnb in between. The property has b...
Hey all!Will be relocating from Portland, OR to Atlanta in the next 1-2 months. Our house in Portland is on the market, and we need to sell it in order to afford the down payment for an Atlanta purchase.The question: ...
This is old news but just came across it. Not sure if its good for the communities but it seems good for the investors.On May 13, 2016, Governor Doug Ducey signed into law SB 1350, which prohibits municipalities from ...