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Currently own a rental portfolio of 800 K with no mortgage. How do you proceed from this vantage point 1. Cash our refinance for any potential tax deductions2. Using cash to increase the rental portfolio.
Hello all, I'm looking for some advice on Turnkey investing for a rental property. I was thinking about taking a HELOC on my primary residence to find the investment. Currently we have about $250k in equity. I was loo...
Hi, I'm looking for banks/lenders who would do a $400,000 improvement/construction loan in the Los Angeles area. This is for adding another level on an existing duplex. I called First Republic and our loan amount is b...
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Hi, I am fortunate to own my own home and two single family rentals. I am in the process of 1031 exchange on one of the rentals. I am on a fixed income. The lender says my DTI will be close attaining the new loan for ...
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I’ve been struggling with what my next move should be. My goal is to get out of my 9-5 ASAP, and have my real estate investments replace about $4k of my income. I’m leery of being highly leveraged, but also dreading t...
Hi, I plan to sell my rental home and will likely exchange into a DST. Does anyone know how depreciation is factored into your tax filings when investing in a DST? For example, with my current rental, the amount tha...
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Hey, if I trade in my (paid off) car and get a new one. Will that affect my chances of qualifying for a mortgage to purchase a rental property because I'm taking on new debt on my credit report?
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I am trying to obtain a $100k HELOC on a $200k out-of-state investment property that I own free and clear to use as a down payment for a new home that I will live in. WF recently rejected my application. Some of th...
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I own a house with a garage apartments, house is rented for $900, it currently has 2 efficiency apartments renting @ $500 month, the first level is a 600sq ft. 2 car garage w/ a cellar & 8’ ceiling height, current...
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Hi, I have a triplex that I am considering selling in the next few years. Currently the triplex is all tenant occupied. I know that capital gains protection is $250k if your are single and $500k married and lived in t...