William Coet
Do Banks Do 30 Year Home Equity Loans?
Hello,
Do banks do 30 year home equity loans? If so, is it rare or common? And if so, is it more common for local or national banks to offer a 30 year term?
Thanks!
Tony C.
Advice for generating income thru home equity
As the value of my rental portfolio increases quite substantially, what would be the best strategies to use the home equity as a financing resource and generates cash flow income? I know in the investment world there ...
Bryan Hancock
Structuring "Bubbles" For Seller Financed Notes
I was wondering if any on here have successfully used bubbles for structuring seller financed notes. The concept is to get a small balloon payment for less than the full amount of what is owed on the note to meet the...
Davante Dennis
Is 5% Interest on a FHA loan normal? credit score over 699
Hey Guys & Girls. I'm new to BP and this financial Journey. I'm in the process of buying my first home to house Hack. it's a triplex completely empty. I noticed my interest rate was 5% (FHA 30yr). When I asked my...
Julio Gonzalez
Capital Gains Tax Rate map by state under the new tax proposal!
Here is the Capital Gains Tax Rate map by state under the new tax proposal! You must invest in the very best CPA going forward...Most states levy their individual income tax rates on long-term capital gains and qualif...
Account Closed
How does new tax plan affect REI?
So the new tax plan was finally unveiled and I noticed it curtails deductions for business interest, but there are "special rules" for real estate and small business. Can anyone confirm....are we still going to be a...
Curtis H.
Rate cuts. Should I hold off getting this loan?
Hello all, So I'm under contract for a property worth about $400K, and right when the loan agent sent the loan disclosures over to sign, I see the news about the rate cuts. So I held off signing anything. Naturally he...
Rich Weese
tax rates and unemplyment facts and worries
Here are potential tax changes as of Jan 1. Sorry, it could affect EVERYONE. Doesn't even take into account the cap gain rates.
Raises:
10-15%- up to $8500
15-25%- 8500-34,500
25-28%- 34,500-83,600
28-31%- 83,600-174...
Michael Eng
Home Insurance Policy for 2nd Property
i bought A home insurance policy for one property. I lived there. But then I buy a second home, and will move out of the first place.if I buy a second policy for the new home. Will my first insurance rate go up or c...
Donald Dye
Should I refinance condo
Appreciate any help. I currently own two condominiums my original one was purchased on a 15 year mortgage although I now have tenants in my original one. My second condo which I just purchased two years ago as my prim...