Hello, I am trying to determine whether the interest on a cash out refinance for an investment property is tax deductible. I know on your home if you do a cash out refinance that you have to spend the new delta of loa...

(Sorry for the horrible formatting, don't know why bullet lists don't show up.)I just want to make sure I understand how the mortgages are traced, from what I've read online and from biggerpockets forums. When I buy a...

Hi everyone, I'm trying to make a final decision on a HELOC lender in the next day or so here. A local credit union has an option to go up to 100% LTV (up to a $400,000 limit), but hey require you to pay 1% of the bal...

When I buy a home with a 30 yr mortgage at a rate of 4%, I have a payment each month for 30 years. Some of the payment goes towards paying down the principle; some goes towards interest. I then get to deduct the inter...

I have 6 rental properties and have private financing on 5.  I have about $250k equity in the homes.  Problem is the cash flow.  I have loans of roughly 1.3 mil and the purpose was to buy the homes and sell as the mar...

If you are selling a property with seller financing, how would you determine the interest rate you ask for?

I have a mortgage loan for 703K at 2.875 interest (7/1 ARM, still 6 more years left) - I am paying $2988 I have HELOC for 90K at 5.25 variable rate, i am paying $370 per month (interest only)I have two options now 1. ...

"Terms: 20 yr at 5% interest only with balloon at 7 yrs" Does this means that the loan itself is for 7 years & should be paid off within this time frame? Monthly interest only payment amount will be based on if it...

I just got my heloc setup and probably going to brrrr some cheap houses but just wondering how to calculate the payments for the heloc with a 7.49 rate, i took out 20k and my monthly payments would be 300 a month is t...

So we owned and lived in a house for 5 years. Last fall we bought a new one and turned the old one into a rental. The rental is worth 160000 and we owe 55000. While doing our taxes we realized that we won't ever surpa...