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Dana Powell Are closing costs deductible on a 40-year DSCR mortgage (purchase and refi)

9 October 2023 | 12 replies

Greetings, when researching online, i came across a nugget that typically deductible closing costs can only be deductible on mortgages that are 30 years or less, but I can no longer find that web page! If there is su...

Melanie Siegel Alternatives to cash out refi?

16 May 2017 | 20 replies

I'm trying to do a cash out refi on one of my rentals in Nevada so that I can reinvest the money, but I'm having a hard time qualifying. We have great credit, but because we were not planning on this refi earlier this...

Asif Moinuddin Moving auto + rental home to LLC to improve LLC financials

23 September 2019 | 0 replies

I have a car that I rent out via Turo that nets me -$100/month (i.e. $100 loss after accounting for all expenses) and am wanting to expand this business. This is because scaling the operation is key to improving the ...

Tyler Harrel Ygrene Question & Selling Home

16 February 2023 | 2 replies

Hello All! I am writing this post to pose a question regarding the selling of a house that has a ygrene loan on it. Currently, I got the AC Unit and duct worked replaced utilizing Ygrene which is a energy efficient ho...

Stephen Kunen Opinions on using small business non recourse loans

24 March 2017 | 3 replies

Hello BP!

Has anyone had experience and success finding, securing, and using small business non recourse loans in an LLC whose funds were used to buy and improve properties?

For certain properties that are under 100...

Kevin White How to get rehab cost if not flipping

7 July 2017 | 8 replies

Hey guys,I am an investor that focuses on buy and hold, buy fix and hold, etc properties with good cash flow. I am trying to figure out a way to fund rehab cost if I am not getting bank financing or hard money loan.S...

Ed Shin Calculating Adjusted Cost Basis?

12 February 2018 | 6 replies

I've searched the forums and haven't found any discussions that address a couple questions I have about calculating cost basis of a rental property.1) I know that to determine cost basis, you need to multiply the purc...