Evan Cruz
Real Estate Equity
Hi,
Is interest on a loan for a piece of real estate considered an amount owed on the mortgage of a property when calculating the equity for a piece of real estate?
From what I understand, equity on a property is th...
Ray Hauge
Protecting property in Market Downturns
Real estate is a long-term investment, and market downturns are inevitable. What strategies can I adopt to safeguard my investments during challenging economic times? Should I set aside a portion of net profit to pay ...
Morgan Reinart
Over leveraged or good deals?
My title should have read "Am I over leveraged or did I just score two low or no money down deals?", but that was way too long. I've acquired two properties within a 1 month period, which are properties 2 and 3 (I'll ...
Scott H.
Best Path to Take for Financial Freedom?
I will be 52 next year. I have been consumed with setting myself up correctly for retirement (hopefully before 67). We currently own a home that we paid $269K several years ago. It is now roughly worth $340K. We have ...
Paresh Patel
Is there a tax deduction for defaulted loan interest not-paid?
Hello. I would like to pose a question relating to the tax treatment of Loans made though any of the leading Real Estate Crowdfunding Portals that go into Default.Many of the CF sites may reasonably be expected to ev...
Marcus Nickson
Wholesaling as a realtor
Hello BP Members,I'm a realtor but I would like to wholesale also I'm a Texas realtor so I would like to know if you Texas realtors use the TREC contract to wholesale or do you use your own custom contract? Thanks in ...
Reyes Tena-Martinez
Would love some input on investment or opinion. Thank you
Hello again guys!! I posted about my first investment (fully paid off not to brag) and am now living in my second home. I came across a fourplex opportunity. I want a second opinion since the housing market has no clu...
Tyson Hosey
Deducting principle payments on mortgage
Hey BP. Quick tax question: I know that I can deduct my mortgage interest, property taxes and homeowners insurance on my taxes, but can I deduct the principle payments along with all of that?
Christopher Bell
Repaying Mortgage Early Benefits?
I have a 30Y fixed mortgage and want to start attacking it for my primary residence. When I pay off over the monthly payment, will this reduce my interest expense paid over the life of the loan?
AJ Wong
Interest only loans are the new black for investing in STR vacation rentals
From 2003-2009 I was 20 years old and had my first real job and taste of Real Estate for a mortgage company at HomeBridge Mortgage Bankers in south Florida.It was a crazy market and a crazier place to work, but I lear...