Johnnie Bembry
Should I refinance? Pt 2.
I talked to a lender and I could refinance my house and get $32K out of it. My new loan would be $195k at 4.9% and my current loan was orignall loan was at $170K at 3.8% (before being paid down to $159K). My new mortg...
Jayleigh O'Leary
Primary residence turned cash flow rental
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $250,000
Cash invested: $270,000
3 bedroom 2.5 bathroom new construction home that we bought as our primary residen...
Christie Chanterelle
My stocks
Hello fellow BP members. I am hoping to get an opinion on this question that has been hunting me for a few weeks now. So two months ago, I've decided to start on my business and the only way to purchase my first flip ...
Don Spafford
claim interest paid on loan from 401k on tax reports?
I searched the forums but could not find this exact question.I borrowed from my 401k to use as a down payment on a rental property and now pay that back monthly with interest. I believe for 2017 anyway, I can claim th...
Account Closed
Reinstating payments in a pre-foreclosure and buyung subject to
Hi everyone, I found a pre-foreclosure deal with some equity. However, the property doesn't have enough equity to be a wholesale deal but it can be sold to a regular buyer at a discount. The property is in good condit...
Shane Ryan
Question About Capital Gains Usage
If a pass through LLC that owns two properties sells one of them for a capital gain, can that gain be used entirely to fund the construction of a project at the other property?
Would a capital gains tax still incur i...
Nicholas Anderson
Mu current situation
Help please
I’m currently in a really good spot as a first time investor i believe . I have over 150 in equity in my current home and also just recently sold a four plex and will have about 100 k in after tax profit...
Troy Sheets
Best place to buy mattress?
Buying a mattress is like shopping for a car from what I recall; the markup is huge and you have to haggle for a decent price. Can anyone recommend a good place to purchase a mattress that you don't have to worry a...
Daniel Denning
STR Panama City Beach FL
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $700,000
Cash invested: $150,000
Estimating conservatively to do $12,000 cash flow in year 1. Bought well below ask...
Lane Bell
Noobie from Zanesville Ohio
Hello, and welcome. I'm a 20 year old from Zanesville, Ohio and I have recently started to build up some disposable income. I'm looking to purchase a home, fix it up, and rent it out while I'm away at college. I make ...