Are there any tax implications if you get a line of credit or refinance to pull cash out of a property to invest in another? From my understanding, pulling out cash through a refinance would have tax implications. Can...
So, I bought a new primary residence a year and a half ago with cash. I'd like to take out a LOC on it to use for fix & flips and/or buy & hold acquisitions. Problem is, I don't have any W2 income since I don'...
OK its a SFH in a nice neighborhood in NC with mostly military families renting. House built in 1992.Asking price $139kHopefully paying 127K in cashRental income $1300Taxes $1100/yrProp management 10% of rentInsurance...
Can a Canadian Real Estate Agent Pull MLS in U.S. ?
Hey guys. I have about 400k in equity in my home and another rental property. I already own 30 doors, but I’m trying to get to 100. Would you pull out that equity to buy a 1.3-1.6m apartment building or would you leav...
Does anyone have a referral to a General Contractor near Janesville, WI? I'm a Newbie looking to pull the trigger! I found a potential deal on the MLS that's only been up for 4 hours. The problem is i need to develop ...
Hi All! I'm looking at taking out my first hard money loan and I'm curious if they typically do a hard or soft pull on credit since the loan is primarily asset based? I have good credit (800+) and want to keep it th...
Hello everyone -First post. We've recently bought a house (our full time house). We're in a position to make high additional principal payments into the home - but would like to get into the rental market eventually ...
During Covid-19...everyone has been affected one way or another. Who out there is withdrawing 100k per person (married) and buying real-estate? My wife and I already have a nice portfolio, this could get me out of C...
We did a live-in flip and went under contract with a buyer on March 21st. Under contract for 119.9k. We haven’t closed on the house. It sounds like the bank has not approved the buyer’s loan for financing. They added ...