Tom Nguyen
HELOC on Rental Properties. PENFED
I just want to give an update to those who want to get HELOC on Rental, especially through penfed. They will give HELOC on rental up to 80% LTVOwner can not own more then 3 properties. If owner have 4 properties, they...
James Brown
Propstream good to use?
Looking on propstream for vacant for good deals in my area. Is it best to search under bank owned or vacant houses ?
Seems like the bank owned ones are federal national mortgage association (Fannie Mae).
What’s nex...
Leonard Lamb
FHA/VA One Year Owner Occupancy Requirement
Why are occupancy requirements for owner occupancy set at one year. Is this federally mandated, legal precedence or other reason? Please no guesses.
Ed Neuhaus
FHA Subject to Limitations - Possible work around?
I have always wondered what you do after you have 10 properties. I know you can go commercial or private money, but I was wondering if there was a way to keep borrowing traditionally. Well I think I found a way, I a...
Tyler Harrel
401k Withdrawal Tax Question
Good Evening All,
Looking to gain some insight on the Florida Tax requirements for 401k early withdrawal, such as how much will get taxed from the withdrawal and if that taxed money has to be paid up front.
Anyt...
Stephanie Choi
LLC VS S-CORP - which is better for BRRR
My boyfriend and I just closed on our condo and are now looking to purchase property purely as investments. Our plan is to utilize the BRRR strategy for our next couple of purchases. Would it be better to create an L...
Brad Srutowski
Lived in primary residence in CA 2 years, rented out for 1 year. Will I have to pay capital gains???
We had lived in our condo in CA for 2 years and then rented it out while we rented a house to live in. Since this property was an investment as a rental will we have to pay capital gains on it or can we sell and put t...
Fernando Garza
BRRRR Refinance San Antonio
I am a new investor in the San Antonio area and I am looking for a local bank to do my refinance throughout my LLC.
I have talked with many local banks but everyone is lending with variable rates. Does anyone know if...
Neil Bresnahan
First Time Home Buyer Credit on the Horizon?
After the housing bubble of 2008 the federal government implemented a first time home buyer credit of $8000. I was a bit young back then, but I do remember hearing talk of this credit, as well as other government sti...
Derek McGillicuddy
Tax returns question
I’m looking for some advice. How much does one property reduce your state/federal income taxes? How much does 2 properties reduce it? I know this is a largely variable question, just looking for advice/ guidance, if i...