Hi everyone,I’m new here, right now just reading and learning. My husband and I are very interested in starting out, but at the same time, we want or have to do ( Shocking right!!:-). Our biggest dilemma right now is ...
I am contemplating doing a cash out refi on of my rentals to do a remodel on my primary residence. Is that possible? Has anyone done it? Any pros and cons of going down this path?
Investment Info:
Single-family residence other investment.
Purchase price: $240,000
Cash invested: $45,000
Sale price: $392,000
This was a house hack. 5% down, major kitchen remodel, light bath r...
Hi everyone,I purchased a house with cash for $100K in 2014. I spent another $50K to remodel this house. Do I need to report the following to the IRS on my 2014 tax returns?:(1) Purchase of this house for $100K(2) Ano...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $132,000
Cash invested: $13,000
I bought this single family home in 2019 in Waxahachie, TX as a primary residence. ...
Investment Info:
Single-family residence fix & flip investment in Mission Viejo.
Purchase price: $807,000
Cash invested: $95,000
Sale price: $1,060,000
Total interior remodel, fully permitted...
Hi BP! I just bought a duplex fully occupied and the tenants are paying; but well below market rent at $1000 and $800 for 4-bedroom units. Both units need a new kitchen and bathroom. I have decided to renovate one uni...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $127,000
Cash invested: $40,000
Sale price: $170,000
3/1.75 with large 4 car garage. Kitchen and both baths co...
2505 11th St, Galena Park, TX 77547Investment Info:
Single-family residence fix & flip investment.
Purchase price: $106,000
Cash invested: $43,000
Fix & Flip, Sell and cash out
What made...
I'm looking at getting a HELOC on my primary residence, and am specifically considering the PenFed 5/5 because it locks in the current rate of 5% for the next 5 years. With the fed raising interest rates, I think lock...