Rusty Glines
Just got our LLC set up. Now looking for deals
My wife and I just got our LLC set up. We have spent the last 6 month studying and researching real estate. Now we are eager to do some deals. Right now we are looking into buy and hold and possible flips. We have...
Mark Graziano
Atlanta Investor friendly banks
Hello fellow BP's,I am reaching out to get your opinions on local banking options. I currently have my accounts with a big bank, mostly because they carry my personal mortgage. However, as I move forward I really ne...
Casey Spence
Is HELOC a Smart choice for Down Payment on New Investment Prop?
Hello,
I'm a Realtor and also New Investor. My Wife and I have a HELOC for 80K to invest in a Rental Investment Property. We live in the BOISE market and have see Home prices Climb Steadily as well as record move-in...
Jimmy Suszynski
Route cashflow from personal property through LLC
On the Real Estate Rookie today (Episode 21), Felipe mentioned routing cashflow from his personal properties through his LLC to start building history to qualify for business lending down the road.I am going through t...
Ilse Martinez
Refinancing and pulling cash-out from Rental to payoff my Primary
Hello,Since the new tax rules I've been considering refinancing and pulling out cash from my rental to payoff my primary home so I can claim a higher interest rate on schedule E and benefiting by reporting a loss on m...
Eric Sender
Deducting Interest in 2018?
I am a CA resident looking to start REI, most likely as a sole-proprietor at first. I am expecting that all my expenses concerning the investment, such as interest, will be a write off from my REI income. In fact I ha...
Ron Singh
tax deductible limit on rental properties
are there any max limit on mortgage interest, property tax etc, which would stop you from getting tax deductions on rental properties you own ?in other words say you own in your name (not llc):primary residence : mo...
Tyler Brown
Does a trust need a commercial loan to purchase property?
I manage my mother-in-law's irrevocable trust that owns two rental homes. I'm interested in acquiring a third, and would like more information on the process of obtaining a mortgage.There's lot of information out the...
John Sirianni
Lenders in Philadelphia Area
Hello Everyone!I have a question on searching for lenders. My wife and I are looking to buy a duplex/triplex for a house hack for our first property. How would you go about finding a lender? Or does anyone have any r...
Kyle Murray
BUYING A DUPLEX WITH INTENTIONS OF OWNER OCCUPY LOAN
I am wondering if I were to buy a duplex with a conventional "owner occupy 1-4 family" loan, and I do not end up moving in but instead I rent the unit out, what would the ramifications be if any? Can they call the loa...