John Wallace
HELOC Interest No longer deductible ? What effect on Investors?
I Found this on a mortgage Calculator website, if this is true...What would be our new strategy to counter the Thousands of Dollars in Interest payments we can no longer deduct ?Understanding The Income Tax Implicatio...
Daniel H.
Repairs vs Improvements
Just wondering how a potential lender would account for improvements done to an investment property. Do they count them against income for the year just like repair expenses, do they not consider them at all, or mayb...
Scott K.
Possible BRRRR opportunity?
I'm looking at a property with two buildings.The first house is very well kept and reflects its fair market value - no substantial room for improvement there. The second, however, is a very spacious two-floor standalo...
Brad Gilboe
Does hard money make sense for this situation?
Hey All, I am a realtor and have a client who is looking to improve his property prior to selling. He has no income because he is taking a new job out of state after he sells in 4-6 months. He currently has a 1st an...
Keith Thompson
1031 Ph.D. Fund Replacement w/ Loan/Cash/Pro Rata Land Trust/RLQ2
Ph.D. Level Scenario?I’m about to close on the sale of a property as a 1031 Relinquished (RLN) property (several are on the market - i.e. RLN1, RLN2, ..3, ..4…, all are free & clear) and am actively searching for...
Whitney Leighton
Mortgage points paid on rental property
Are mortgage points paid on a rental property deductible the year the property was purchased, or do they have to be depreciated over the life of the loan?Thanks.
Kynly Cazeau
Funding for my multi family property
Hey everyone!
Looking for a solution for my mui-family
I purchase a home back in September with the state of Rhode Island through their first-time homebuyers program where they gave me 10 K for the life of the ...
AJ Wong
Jumbo Mortgage Rates set to drop as inflation data boosts market confidence
On Thursday we received encouraging inflation data making rate cuts almost certain by September or November.
For mortgage originators, real estate professionals and investors, the 4.65%-4.45% drop in the 2-Year Trea...
Craig Barragry
HELOC/AIO for Personal Use
My wife and I bought an investment property in 2021 that currently has an All In One (AIO) loan that we’ve used like a HELOC to buy other investment properties. The AIO is our only debt on the property and is in our p...
James Samsing
Energy Efficient Mortgages
Has anyone worked with a lender who has actually closed an FHA, VA or Conventional Energy Efficient Mortgage? Interested in flipping a home that would qualify based on HERS rating + energy savings and would like to pa...