Jack B.
Cash out refinance tax consequences?
Let's say I take the money out and reinvest in another mortgaged property as a rental. I can now deduct the portion of interest expense related to the Cash out refinance as an expense for the NEW property (rather than...
William Allen
Another Cash Out Refinance Success
I wanted to take a few minutes to write a post about my most recent cash out refinance success story. This post will be two fold, first it will hopefully motivate others to get into buying rentals and refinancing. S...
Paul Pena
Cash out refinance on apartments
When I searched in Google, starting with 2018 tax returns filed in 2019, interest paid on a cash-out refinance or home equity loan is only deductible if used to buy or make “substantial improvements” to your home.Does...
Emilie Grace
Cash out refinance- please help
Can anyone advise of companies who offer cash out refi's without a certain seasoning period?
I am looking to cashout from my hard money loan once the rehab is complete.Total holding time 1-2 months
Justin Heitter
Rehabs and cash out refinance
Hey guys I have a quick question. I recently bought my first duplex for $315,000. (mortgage $1850) Its under owner contract right now but I am switching it to a bank financed property in may. (due to not being at my...
Curtis M.
HELOC or cash out refinance?
Over the past 6 years we have purchased and still own properties in Denver. Even crappy real estate is expensive in Denver now and inventory low, so things have slowed down. Most of our money is tied up in higher-end ...
Joe Taylor
Cash Out Refinance vs Heloc
I bought a property in February for 39k. I have the property rehabbed and have a good tenant in place. I want to refinance to pull out cash to buy another property. I have tried several banks today and they are giving...
Felix L Perez
My first cash out refinance
Hey guys,
so I’ve been having a little trouble getting a loan and im looking for some advice. This is my second deal, the first one was a flip and now I have a house that I want to want to do a cash out refinance on...
Cj Ruhnke
cash out refinance rental property
I purchased my first rental property about 3 months ago with cash under an llc. I hope to have our first renter moved in Jan 1, 2020 and would like to get my money out and buy another property. Whats the best way to...
Harrison Barber
Cash out refinance seasoning period
Hello BP,
Does anyone know of any mortgage companies in Georgia that do not require a seasoning period for a cash-out refinance? Or a seasoning period of less than six months?
I’m located in Columbus, GA if that hel...