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Hello everyone! I’m currently working on a project with a property I own in Fort Lauderdale. I’m looking to access some of the equity in the home to buy out my ex-partner, and my goal is to either convert the house in...
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Hello Fellow Investors!I've been a buy and hold investor the last 5 years, but is recently presented with an opportunity to flip my first property. I am wondering how I should finance the purchase and renovation if I ...
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Hey BP. Help me plan ahead a bit and try to map out my next move. I also might be overthinking this, but its because you dont know what you dont know hahaIf I had a paid off rental, what would be the differences in ...
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I am considering taking a 5 year $100,000 Home Equity loan on my primary
residence to use solely on improvements in my 3 rentals. I have asked my
accountant and others online and some say I CAN deduct the inter...
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Hi!I've found some properties that I can buy for around 20k or so and noone will lend me for that amount so it'll have to be a cash deal. Question is, if I buy it in full will I be able to borrow against it? HELOC or ...
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Hi,
I am considering a Home Equity Loan (HEL) on my current residence (free and clear) to purchase a rental property. Is the HEL interest tax deductible considering the changes in the tax code? Thank you.
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Hello everyone,
I am looking into a HELOC or home equity loan to tap some of the equity I have in a flip turned rental to pay off the higher interest debt from the renovation. My refi out of hard money only covered ...
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my wife and I just bought a house and it appraised for 43k over what we're buying it for at closing. we are in the process of renovating that house so hopefully we can increase that value even further. I've been look...
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I'm still learning my way around the forums. If this topic has already been discussed, I would appreciate a link to it. Thanks in advance!I'm a new ...pre-investor. No deals, no experience other than buying my own hou...