I have a great opportunity to purchase and operate a turnkey business. Being a novice , does anyone have any insight as to how to proceed? Are there any lenders doing 100% loans ? Any information is welcome as the com...
Hi guys, I just performed my first BRRR. The house purchase was around 15k, rehab around 15k, and cash out around 45k after 75% arv @ 4.5% under my own name. During the mortgage application, the bank was very weary o...
I understand that if I do a cash-out refinance on an investment property (Property A), and use the extra funds as down-payment for my next property (Property B), then I can deduct the interest paid on the cashed-out f...
My husband and I are very familiar with investment properties- we own several rentals, but are looking to start flipping this year and hopefully make a career out of it. I’m trying to become more knowledgeable on Capi...
I am selling a building, doing a sale-leaseback to keep my operating business in the location under a new lease. I have yet to identify an upleg for a potential 1031 exchange, but what I would really like to do is pul...
Hello,I know there were similar questions already asked, but I would like to ask this specifically:1/ Can use HELOC from my primary residence to buy an investment property and be able to deduct HELOC interest as busin...
Currently own rental farmhouse free and clear. Scheduled to be auctioned (absolute). Anticipating about 100K of proceeds from the sale to work with for a 1031 Exchange on next property. My question is: Do I have choic...
Hello! So, friend bought a property cash under their name and now refinancing (cash-out refinance) the property into an LLC that is jointly owned by both of us and we will be getting funds from this refinance for reno...
Does anyone know if you are able to use the SBA to pay off higher interest credit cards? Seems like a dumb question but i do not know the answer. Any help would be greatly appreciated.
Hi, I have a lease ending on a rental property, and it's time to sell and buy in another location.The property has a mortgage, a HELOC, and also a 3rd lien where remaining equity was used as collateral for an unrelate...