Yael Fuerst
Tax question on refinancing
I own a property mortgage free. My question is - if I wanted to take a loan out against that property to pay debt I owe in a different country and buy an investment property in a different country:
1. would I be taxe...
David Antunes
Will purchasing a used car before mortgage pre-approval hurt me?
Hello all,I'm just beginning a search for my first property and I'm simultaneously in need of a vehicle to aid the process. I'm curious what the negative impact of buying a used car (all cash, upfront) would be on my ...
Willin Smarda
Help PLEASE with calculating DTI for Rental income against PITI
Hi all,
I understand from the many post that only 75% of the rental income is considered as income -PITI= $$$ <- if positive, additional income, if negative, additional debt.
I came across a recent post that is ...
Seth Eues
New job, relocation, 2nd property, loan qualification question
Hello all,First post here! Thanks in advance for reading!I'm in the process of getting a new job which will require some relocation as it is too far away from my current location. My current property is financed with ...
Emily Valenzuela
Interested in keeping my home and turning it into an investment property- please help
Hello Fellow BP members,
I own a home in Texas with my husband that I lived in for a few years. It is worth about $360k-$390k depending on how you evaluate it. We have a VA loan on it with a very low interest rate a...
Alex Yakubovich
STR and 1031 Exchange
If I have an STR (Short-Term Rental) property and have utilized 100% of the Short-Term Rental Depreciation for that property, what would happen after I execute a 1031 Exchange? Would I be able to claim new Short-Term ...
Mark G.
First potential rental
Hello! Simple question: Rent it out or sell? $100K equity, likely to be cash positive by a little! Has anyone had any success at this technique?
Jason H.
Too many credit inquiries?
I have my primary property and a rental property. I am currently gearing up to purchase a second rental property. I also want to refinance my rental to drop PMI and catch a better route. As well as refinance my primar...
Gabriel Perez
SFR Buy and Hold, Seller credit to buy down rate
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $169,000
Cash invested: $55,000
Property needed cosmetic repair. Approached the seller asking they pay all closing ...
Diane Tycangco
100% Financing = No Cash Flow?
Hello friends, I am thinking of pulling equity from a paid-off rental and use the money as downpayment on another rental. The rest of the money will also be from another loan. In effect, it will be 100% financed by ...