Kyle Steiner
Is Interest on a Rental Property HELOC Tax Deductible?
I'm getting a HELOC on a rental property I own and I'm wondering if I'll be able to deduct the interest on my taxes. I plan to use the funds exclusively for the purchase of rental properties and/or flips and related ...
Chad Lamb
Commercial Loans for a SFR??
Hey all!!! Thanks for your help ahead of time! So my question is about the benefits of using a commercial loan for a SFR. Here is some information on my situation. We are nearing the end of the rehab on a SFR with the...
Lex Douvas
[Early Plan] Guidance on 1031 Exchange and Eventual Relocation
Hi BP - I had a bit of an early stage 1031 exchange question I was hoping to seek the collective wisdom of this group on.
Context: I have an investment property in CA which I'm going to be 1031'ing into a property i...
Blake Hrabal
How soon after purchasing a home can you purchase another?
I want to purchase my first rental investment property however before that I want to purchase my first home that my family can live in. How soon after purchasing a home will a loan company give out another loan to pur...
Allen Lopez
Is this fraud in any way?
So If I purchase a home as my primary residence with all 100% honest intent to live in it. Mortgage laws say that I intent to inhabit the property as my primary residence. However, what if I have to relocate to anothe...
Account Closed
Buy & Hold Investment Property
Investment Info:
Single-family residence buy & hold investment in Midwest City.
Purchase price: $87,500
3/1 single family residence that I purchased with conventional financing in Midwest City, OK. P...
Nathan Gesner
CDC Eviction Moratorium Still Stands!!!
A federal judge ruled the CDC moratorium was illegal. Many celebrated that ruling and started talking about going forward with evictions. I warned it wouldn't be that easy.
Sure enough, the judge has put an administr...
Cady M.
To qualify for FHA, how much of the year must I occupy the reside
Im a full time flight attendant and travel with work more than 50% of each month.Id like to buy a duplex out of state, using an FHA loan, and occupy one of the units for the first year. I currently rent a room in NYC ...
John Daniels
Direct mail postcards
Hi All,I have self-built a foreclosure list. The list unfortunately has the name (first, last, middle) in a single column as owner. This column also has company names. It would be almost impossible to split these ou...
Leon Lee
Purchase a new primary residency using HELOC as the downpayment
Hi, EveryoneCould someone help me on answering what will happen to my HELOC if I do the following?I have a house A that is my primary residence. I recently applied for a HELOC on it, with the total amount of $100K. No...