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Hello!I have an odd ball question about the deductibility of interest on a cash out refinancing.My family inherited some investment real estate and unfortunately one of the parcels is owned by a pension/benefit plan....
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A fellow Bigger Pockets member shared this information on another post. I wanted to repost as I am an Investor- Friendly agent that receives inquiries from aspiring and seasoned investors. Both need to understand tha...
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Thanks BP!I recently put a tenant in a duplex that I will be the owner occupant of.I started researching real estate in late May 2014, and haven't gotten it out of my head for one day since. Thanks to all of the aweso...
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I am rehabbing my parents property as my first rehab project. 180K is left on mortgage and 45K in renovation costs with an ARV of 450K. I am applying for a renovation loan only for 60K.I found a lender (1stcapitallend...
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Hi,I was wondering if anyone knew what happens when you convert a 2nd home to a long term rental property? The second home mortgage has a good rate and I believe I have it classified as a home rather than an investmen...
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I have recently been approached by a local owner of a successful radio station to trade free rent in one of my rentals (for one of his deejays) in return for either an undetermined number of radio spots OR a bi-monthl...
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We have a REO property under contract that is supposed to close in less than 2 weeks. Last week we got a title commitment from the title company stating that the title was clear. Today we found out that there is a pro...
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I am looking to invest in Peoria, Bloomington, or Decatur IL. how has been your experience with investing in these areas? can you achieve the BRRRR method and follow the 1% rule?
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I've seen some conversations on BP recently regarding balloon payments, refinancing, and interest rates, so I thought I'd share a short article I wrote for my firm regarding forward commitments and how they vary betwe...