John Werthman
Best loans for starting out in investing.
I am getting started in real estate and have researched a lot about what to look for in a deal, etc. However I still want more clarification on the loan process.My thought is:Obtain a interest only loan for 2-3 years....
Chris Connery
What Heloc payment should I choose?
So I am maxing out a HELOC on my primary residence to purchase my second investment property, an 8 unit. Here's my question: Should I take the interest only payments at %5? Or roughly double my monthly payment by maki...
Caleb Drake
BRRRR SFR (originally a planned flip) in Indiana
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $21,675
Cash invested: $52,000
PP- $21,675
DP- $2,500
CC- $1,700 (10% Interest Only ... 6-months interest paid up f...
Caleb Drake
BRRRR SFR (originally a planned flip) in Indiana
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $21,675
Cash invested: $52,000
PP- $21,675
DP- $2,500
CC- $1,700 (10% Interest Only ... 6-months interest paid up f...
Sun Chen
rental property cash out
if the rental property is no debt, and get a cash out refinance, the interest I paid on the cash out refinance, is it tax deductible on this property ? CPA said the cash out is tax deductible if the cash I get is use...
LuAnn Vigen
tax on a refi
I am thinking about refinancing three of my rental properties (sfr). will I be able to deduct the interest on my taxes for the new refi's or does that only work on the first morgage?
Manny Rana
Cash Out Re-Fi for an Investment Property
Hi Everyone - Just have a quick question. I’m looking at cash out refinancing my current home as an option of partially funding the down payment I need for another investment property I’m looking to purchase.The ques...
Scott H.
Mortgage Interest Deductible on all Rental Properties?
I'm considering refinancing some rental properties to purchase outright a new primary residence. My income bracket makes it so my mortgage interest isn't deductible. Will I be able to deduct mortgage interest on my r...
James Gravitt
Simple vs. Compound Interest
After I had so many helpful people respond to my last question, I was hoping for some help with this issue.
Do you charge simple interest or compound interest on your mobile home sales?
Ken Nyczaj
Newbie trying to structure seller finance deal
Structuring a seller finance deal on a small MF property. Curious what the consensus is for how it should be structured and pros vs cons of the below example:10% down and 4% interest only with balloon payment at 2 yea...