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This probably doesn't affect a whole lot of folks, but if nothing else its a good sign as far as the appellate court's view of excessively overreaching ordinances:https://courts.illinois.gov/Op..."It is evident that t...
I own my home free and clear. Should I apply for a HELOC to start purchasing rentals? If so, how risky are they?
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Hello everyoneI have been saving in a Capital one 360 account that yields 1.0 APY I opened a business checking and saving account at a local bank that I would like to build a relationship with for investing. I cannot...
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I understand with the new tax law that if you use a HELOC on your primary residence to purchase (possibly improve) investment/rental property, that the interest on that HELOC is deductible. Will this interest be list...
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Investment Info:
Single-family residence buy & hold investment in Angus.
Purchase price: $349,000
Cash invested: $21,000
Single family townhouse, 1600sqft.
Currently renting out for $1650 a month...
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I'd be curious of people's opinions of the affect on the real estate market do to the $30 trillion transfer of wealth about to happen. Over the next 20+ years we have baby boomers retiring and as they are now startin...
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I have a rental financed through FHA, paying PMI, totally could refi out of PMI but, not sue if I should. Been successfully rented for 4 years. I want to buy a cabin in the mountains, (within driving to work). How muc...
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With interest rates so low I am debating about re-fi'ing our home mortgage and buying some investment properties with the money. For simplicity let's just say the home mortgage is paid off. Let's say house is worth $...
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I'm considering cashing out a modest 401k and combining that with cash to purchase a 4-plex. I have seen lots of discussions about the pros and cons of cashing out. Some people suggest solo 401k or self directed, or j...
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I wonder what do someone approaching retirement do with $1,000,000.00? Buy a single property with cash and have about $65,000/yr in cash flow or use it for DP on a $4,000,000.00 property? Would the cash flow be the ...