David Denney
Please advise- no cash - great deal
Need advice on a single family rental. My parents bought the hime for 57k. My father and I completed a full remodel. He now has 70k in it. I helped him get it rented- 1200/ month.My parents have decided to offer the h...
Rich Engelhardt
Hello from NE Ohio
Hello all!I'm a new member here from the NE Ohio market. My wife and I started with our first rental back in 2002 after we had paid off our house. Without the deduction for the house, our taxes about ate us alive. A ...
Gregg Romig
Is a 30 year home equity loan’s interest tax deductible
Looking to do a cash out refinance on my paid off primary residence. A 30 year home equity loan is cheaper and better interest rate, are the interest tax write off’s the same as a traditional 30 year mortgage?Thank yo...
Irving Gonzalez
Buying a second multi-unit property
Hello, I am looking for advice on how I can leverage my first investment property (house hack), to help purchase a second property. I have reserves saved up for my first property. I am hoping to see how I can purchase...
Tiffany Smith
Financing using BRRR strategy
Hi all,I was hoping to get some insight on trying to piece together the financing logistics of my current investing strategy.Background: I bought a duplex for $610,000 and have recently refinanced the property into a...
Kenneth Rodgers
Starting out for first rental property
So I am very new to this. I just acquired a house from a family member that has tenants in it. The house is completely paid off. I am wanting to take an equity loan out on the house to finance a new rental property. T...
Ashley Ellis
Subject To Deal For Beginner Wholesaler
I have a seller that is very motivated and just wants to walk away from the property with mortgage and equity loan taken care of. I would like to wholesale/assign this subject to deal to another investor, that will ta...
Jorge Figueroa
How to calculator equity loan rate into rental calculator
New investor beginning on pursuing first rental property. I have been analyzing deals using the rental calculator but now that I have been approved for an equity loan I found myself questioning where do I figure into ...
Kelvin He
Cash out re-fi vs. home equity loan vs. home equity LOC
Own 2 properties in Austin,TX.
House 1: $480K, $224K mortgage (4.5% interest)House 2: $550K, $280K mortgage (3.5% interest)
Goal: Increase net worth (I'm 25 right now). I want to extract the equity I have to increas...
Justin Tanoue
Rental Property Equity
I own a 2/2 rental property in Las Vegas. I purchased it for $42,000 cash but today comps list for $50,000 to $60,000. Is there any way I can access this equity to purchase another in the same building?I applied for a...