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If someone draws funds from the HELOC on their primary residence, and uses them to pay down the principal on their rental property, is the interest paid on the drawn amount tax deductible under the rental property?
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Hello - I'm based in Chicago and am looking to network with folks who have experience investing in mobile park homes. Specifically interested to learn more about 1) key criteria when snalyzing mobile park home deals, ...
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Hello,Since rent to value is generally tough right now, I'm exploring creative ways to maximize the income I can produce for my exit strategy. I have scoured the BP forms to learn more about renting to sober living a...
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Hi,I live in Washington state and I have an in-state 4-plex currently under contract with conventional financing. I plan to use one of the following options to partially fund my down payment + closing cost:1. HELOC fr...
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Hi everyone! I am fairly new to this type of Real Estate investing, as a career, even though I have been a builder and developer over the years. Obtaining money for projects of that sort most always goes through tra...
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Recently I have been purchasing a lot of land & turning them into payments for deed with pretty good success. Many of the clients that I buy land from have the mineral rights but I am having a hard time figuring o...
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Hi everyone!I would love some advice. I am currently looking at this land for sale in Los Angeles (specifically in the City of Commerce). I found it on Loop Net and it is listed by Kidder Mathews. My boss is intereste...
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How do I finance a commercial property in an LLC with no personal guarantee? A lot of people say oh you always need to personally guarantee because the lender wants to minimise their risk but I know it’s possible.Is t...
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I've seen a few posts recently on seller-finance. In my opinion seller finance is one the best way to go, specially if you can do 0% interest. If you're interested, you could structure better deals when it comes to la...
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I'm in the Central Valley in California, but I have no idea if this is a good market to invest in at this time or not. I know that good deals can be found in any market if you look hard enough, but it would seem like...