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Results (10000)
Lesa Palmer Question about HELOC interest tax deduction
11 May 2018 | 2 replies

Last August we took out a HELOC on what was our main residence, to use as a down payment on a new house, which is now our main residence. We turned the first house into a rental. Under the new tax laws can the interes...

Manasse Shingiro Can I Refinance My FHA Loan into an FHA 203K for Renovations?
8 November 2017 | 3 replies

Can I Refinance My FHA Loan into an FHA 203K for Renovations? I would like to know the pros and cons as well as alternative options

Will Johnston Tax Deductible Uses for Extra Funds from Cash Out Refi
15 May 2016 | 6 replies

I recently did a cash out refi on an investment property to pay off the line of credit I had used for the downpayment on said property.I have about $5k in funds left over, and I'm trying to figure out what to do with ...

Jordan Burnett Net Income and Distributions Calculation
30 August 2020 | 8 replies

Pardon my ignorance, but in reviewing some income statements for investments I'm trying to make sense of some napkin math concerning Net Income and Distributions. For distributions to occur for a multifamily property,...

Miguel Cardoso No experience BRRRRing .....own a property free and clear
6 February 2023 | 7 replies

So I own this property free and clear in the Miami area...not the greatest neighborhood ....property estimate based on an average from Zillow, Realtor, Redfin, Homes and Remax is $400k....the lowest estimate was $377K...

Jason Lee Unison closed deal 2-family in Brooklyn
27 October 2023 | 16 replies

There have been several threads started here by folks asking questions about Unison but no responses from anyone that’s actually used the program. Just closed a deal in Brooklyn representing buyers using the Unison Ho...

Michael Hartman Conventional loans after Chapter 7 bankruptcy
17 December 2022 | 2 replies

I filed chapter 7 bankruptcy and this October 2022 will be 2 years after the case was closed.  I have a credit score over 700 and have improved on it since I filed.  I have researched and seen that for a conventional ...

Robin Tenkate Cash out Refi question
17 August 2019 | 2 replies

Two years ago we bought a 2 unit property that also has garage that rents as an artist studio. After we bought it, we improved the property with cash investment and are now looking to pull cash out.We got a quote on ...

Thomas O'Donnell FHA loans and Rehabs
23 April 2022 | 5 replies

Good morning BP fam!I was curious as to if anyone knows how much of a rehab can be done if I plan on using an FHA loan. I know that to meet FHA requirements, the home has to be livable. What type of rehabs should I be...

Chris W. 1031 exchange funds used for capital improvements?
18 September 2018 | 8 replies

I'm going to be doing a 1031 exchange on a property I own and I was curious if it is possible to use some of the funds to do capital improvements on the property(s). So say I purchased 3 homes which I understand is th...