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I am not clear about the tax benefits of purchasing and owning rental property investment homes.
Do we lose money to pay taxes when tax time comes or do we generally get some money back?
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My wife and I are looking to buy some rental property. We have a home equity line of credit that we could use for a down payment. Our idea was that after the purchase we could refinance and take our HELOC money out t...
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I am looking at buying a property all cash so I can close the deal quickly over someone else. How long would I have to wait to get my cash back out so I can use for another property. Are there multiple routes? I do...
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Hey guys,
I hear about the brrrr method and refinancing to get your money back. But I am not sure how that process works.
Say you buy a property for 100k, 10%down. So 90k financed. After upgrades and rehab it’s app...
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What would you do in my situation1 - I paid $20K for the earnest deposit.2 - I had 2 contingencies in the contract: inspection and financial3 - I sent a termination notice (signed real estate form) before the inspecti...
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Can someone help me with different ideas on how to pay back a hard money lender? Thank you.
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So I am looking to raise capital to purchase a new rental property, and I have a private money lender that is willing to loan me the amount I need to purchase the property in exchange for a 10% interest.What are the w...
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Hello fellow bigger pockets members! I would appreciate your help and advice, I am looking for recommendations on back office management, systems and software programs in operating a private money lending company. A...
Investment Info:
Large multi-family (5+ units) buy & hold investment in Minneapolis.
After holding 3201 Lyndale for several years and building equity, my siblings and I knew it was time to refinance and ...
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Looking for an asset-based loan or hard money lenders in NC. I want to purchase my first buy and hold but I’ve only been self employed for 4 months. I heard my only options would be assets-based loans or a HM lender. ...