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Results (10000)
Long Dinh First BRRRR deal in houston, TX
4 July 2020 | 0 replies

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $80,000

Cash invested: $40,000

My first BRRR deal.
I broke even and cash out refi for 120k.
4.8% for 30 years at $6...

Shane Sigman Principal pay down on rent house
7 January 2021 | 4 replies

I have a rent house w/ a partner and we have $6500 in a repair fund from accumulated rent over the years. I’m telling my partner we should put that towards principle. It’s a small $60k house and we both have some mone...

Mark Hegele tax on mortgage principal reductions
18 April 2016 | 5 replies

I own some small assisted living homes for the elderly.  Is the principal reduction on my mortgages each month considered taxable income?  And if so at what rate?

Sunny Patel Question regarding SDIRA qualified vs disqualified transaction
24 March 2024 | 2 replies

My father wants to use his SDIRA to provide a loan to the LLC him and I are equal partners in.The loan would provide the additional funds we require to purchase an investment property.The LLC would pay principle and i...

Deanne Bourne Books to teach 12 year old about banking and business
15 April 2021 | 6 replies

I just learned about how the banking system moves money to and from the central (Federal Reserve) bank. (Which is not a related to the federal government at all).   Is there a teenage level book that would teach this ...

Donald Latson Rehabbing
17 December 2015 | 4 replies

Any suggestions on the top 10 rehabbing books that are must reads? 

Steven Frey Extra money - focus on 1 of 5 mortgages or a little for each.
6 October 2014 | 36 replies

I have a few properties and positive cash flow. I was trying to decide if I should try to 1) focus on paying off one mortgage or 2) spread a little to each loan. I have a long term perspective on them all. I have a ...

James Johnson Best lenders for a 1st Lien HELOC for a $550k home purchase
6 August 2020 | 40 replies

I am purchasing a New Construction home in South Florida that will be complete in August 2019. I have already been pre-approved for a Conventional 30 year Jumbo Mortgage but I am looking to attack and pay off this hom...

Paul Nagy ** Please Help!! Property Analysis/Decision **
30 December 2017 | 15 replies

Hello and thank you in advance for your ideas/guidance and help. It is honestly much appreciated!!I purchased my first rental property 11 years ago with zero knowledge of what I was doing and today things are only wor...

CL Ziegler Cash deal, or borrow? (tax differences?)
23 March 2014 | 3 replies

I've asked this before, and came away MORE confused. So let me try again.

Another poster on here in an older thread said: "In a few years when my units are paid off, I can keep the full rents as profit." (p...