Christian D Llanos
Moving to Dallas
Hello, i am 21 and moving to Dallas from the North east in May-June due to a job I will be beginning. I am still in college and on my last semester. I have a good amount of money saved to deposit into a house. Neverth...
Sri S.
Are Home Equity loans tax deductible if used to buy another investment property
Hi, I have an investment property A where I built a good amount of equity. I want to buy an investment property B using the equity built in property A. Is that legal to use for another property? How does the tax-ded...
Dan Vleck
why pay assessments
I bought a house with two lots. The sale price was low due to $25,000 in assessments. The lot next to the house is smaller, but has $19,0000 of the total assessments for street and sewer. Reason is the previous owner ...
Amber McGill
Local Banks in Philly
Hey everyone,
I'm new to the Philly area and looking to get started with a FHA loan from a local bank or credit union. My credit needs some improvements, but it's not terrible (my utilization is killing it). Does any...
John Graves
Looking for some insight
Hey BP readers, thanks in advance for your time. I know how valuable it is, which is why I’m perusing this route in the first place!! I’ll list my situation and my questions. Basically I already know what di...
Account Closed
Opening HELOC on Parent's LA Home, My Name Not on Title
Hey BP, making my first post here!I'm looking to open a HELOC on my parents home here in Los Angeles, and use the money to fund rehabs to make their property rent ready. Currently my parent's home is my primary reside...
Javier Emilio Tirado
Cash Out Refi for down payment and debt repayment? Opinions..
Hi Guys! My wife and I currently own 2 STR properties and sub-rent 2 apartments to STR BUT we don't currently don't have a home for ourselves and our 3 dogs. We were moving between the homes as they were not rented bu...
Emilee Steers
House Hacking
I want to purchase a small property. Two to four units, and live in one while renting out the other(s). The problem is I don't have the best credit to get a loan, and I don't have any money to put down. I know it prob...
Brianna Jackson
Deducting Improvements on a buy-rehab-rent property
I have tried searching the posts, but didn't see anything...I was curious if anyone knows if there is a way to deduct improvements you make to prep a house you currently occupy but bought for a rental...is there a tim...
John McKee
Ground lease up for renewal
I have a property ground lease that is 15 years old and 3 years left on the lease. A Hired broker of the large chain restaurant wants me to contribute 100k toward improvements and in exchange they will extend the lea...