Rahsheen Slaughter
Rental Property Funding Question: HELOC to finance your investing
Hey, Bigger Pocket peeps, is it risky to use a HELOC to finance purchasing an investment property and refinancing to pay back the HELOC? Are there any CONS I should watch out for? I have a fair amount of equity in my ...
Paul F Russo
Finding “Opportunity Zones”
Opportunity Zones are providing property owners and potential property owners with outsized return potential due to the deferral (and potentIal ELIMINATION) of capital gains.
What sites or sources are you using to f...
Calvin Lang
buying with cash vs borrowing
I currently own (no mortgage) two homes and I am living in one and renting the other. I am looking to purchase another investment home for income purposes and I do have the cash to purchase one property outright. I a...
Francesco Barbati
$120k cash borrowed, now what?
I borrowed $120k from a family member to buy a primary residence for me and my family (I will pay him back $1k/m for the next 10 years, starting next month, or refinance if needed).Last night I was talking to my wife,...
Account Closed
Pay cash, borrow from the bank or borrow hard money?
I was an investor from 2004 until 2008. I did standard mortgages on single family homes. I did not put enough money down and only did 5% or 0% down as I accumulated up to 20 rental homes. I also did not buy them right...
Paul Hutton
borrowing cash from my corp.for rental purchases tax implications
I borrowed cash from my canadian corp to buy rentals all cash in the florida market. I will wright up a loan to myself from the corp to an interest rate that will completely offset any tax owing at years end from the ...
Eric Kovacevich
BRRRR'ing with Grandma's money??
Hi all,I'm a total newb to using outside money and was hoping I could get some advice from people who have gone down this road before.I have done 2 deals so far, both duplexes with conventional loans and I'm looking t...
Billy Brown
Cash on Cash Calculation: Is borrowed down payment money "Cash?"
I've seen it both ways. Down payment divided by annualized net profit on the rental. However, if you are using borrowed funds as the down payment (ie HELOC), do you plug that in as "cash" even though it's debt? To me...
CL Ziegler
Cash deal, or borrow? (tax differences?)
I've asked this before, and came away MORE confused. So let me try again.
Another poster on here in an older thread said: "In a few years when my units are paid off, I can keep the full rents as profit." (p...
Eric Ngo
Borrowing against equity after cash purchase
I am looking to buy a rental property in cash from a wholesaler and then turn around to borrow the against the equity on it. How quickly and easily can this be done through conventional financing? Are there better s...