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Results (10000)
Leonard Nester Commercial Opportunity - Buying a Business
9 February 2019 | 12 replies

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...

Account Closed BRRR - How to handle cash out refi check? (more inside)
26 January 2017 | 3 replies

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...

Amol K. Timing of next property for interest deduction
17 November 2020 | 1 reply

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...

Jessica Ramsey Capitol Gains Question for Reinvesting
26 July 2020 | 7 replies

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...

Tanner Queen 1031 Exchange, DST, Fund Questions
5 April 2019 | 24 replies

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...

Marcel Lorincz Taking out HELOC on Prim. Residence to buy Inv. Property
13 March 2019 | 4 replies

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...

Shawn Albrecht 1031 Exchange Ohio- Purchasing Next Property
31 March 2016 | 3 replies

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...

Jess Azong Tax question on refinance and need a CPA
29 February 2024 | 5 replies

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...

Jared Crocker SBA Loans for Credit Card consolidation
27 March 2020 | 6 replies

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.

Benjamin D. Can I draw from an existing HELOC before I sell? And a separate question about a lien
3 May 2023 | 7 replies

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...