Jeff White
How does a commercial loan effect my personal DTI ratio?
I am purchasing a duplex utilizing an LLC and a commercial loan. I am also planning to buy a personal residence within the next 6 months. I have a sizable downpayment for my personal residence, but will need to financ...
Nupur Daruka
Tax questions on rental property
I had two questions on my first rental property that I recently bought1. Can I deduct the closing cost in my rental property taxes for 2023. I just bought it in Nov 20232. To buy this property I had taken out a fixed ...
Ryan Zimmerman
Renting out a property with a conventional loan.
I am looking at purchasing a property with a conventional loan. The property is currently being rented by a couple who’s lease doesn’t end until late 2024. Is it possible to purchase this home with a conventional loan...
Roemeo Barnette
Dual military using separate VA loans
I have a question in regards to me and my wife using our VA loans. So my question is since we are both active duty aren’t we both entitled to our VA LOANS “SEPARATELY” ? I can buy a piece of property and my spouse sho...
Adoney Reid
Buying 1st Investment Property Next Q3-4, Will Taking out business credit card affect
Hello BP Community, I am looking to purchase my 1st investment House-hack multifamily property this year in Q3-4. I justed wanted to know if it makes sense to take out a business credit card for my business ? Apprecia...
Anne Whalen
Lots of property equity: Debt to Income Ratios
Hi BP Bay Area community. New investor here. I am trying to figure out the best way to leverage lending to buy additional properties. I have 2 properties with lots of equity (estimated: 800K). I looked into convention...
Graham Lemly
First Property - Which of these 3 Options Should I do?
Hey everyone, I’m a new investor ready to get my first deal and wanted other opinions on several different directions I could go with my first purchase.
My Goals: start out with a focus on LTRs with SFHs, self-manag...
Peter Bras
What is the best way to free up equity?
Good Evening Everyone. I have a property (SFH) worth approx. 190K and I currently owe 125K. What is the least expensive/best way to free up some of this equity to use on other properties? If HELOC is the answer, do...
Account Closed
Mortgages: personal v invested homes. When to pay them off?
Afternoon everyone!In my old highschool, our personal finance class revolved around a curriculum from Dave Ramsey, who bad mouthed mortgages and everything. Is there a difference between having mortgages for your pers...
Joey Nicotra
How to Fund Renovations for Owner Occupied Property
I bought my first investment property and plan to renovate the home and cash out refinance once I'm done. I'm looking for help on funding the rehab for the property and banks will only give me about 1/3 of what I need...