Christian Flanders
Tax implications for cash-out refi of an investment property
Hello!I am planning to do a cash out-refinance from my investment property to fund the down payment on a primary residence. Will the interest I pay on the refi be tax deductible since it is being used to purchase a pr...
Corine Haener
Three way split - 2 contributing downpayment 1 taking on mortgage
I'm interested in getting feedback on this scenario:Three people go in on a partnership on a rental property. Person A contributes $30K to downpaymentPerson B contributes $40K to downpaymentPerson C takes on a mortgag...
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Want to buy my first property under business credit
How can i do this??????
Michael Campbell
Loan for down payment
Good morning, can I get a personal loan as a down payment for an investment property?
On today’s episode of the BiggerPockets Podcast, we sit down and dig into the life of a professional BMX bike rider Terry Adams. Outside of his many accomplishments in the stunt bike world (X-Games gold medal, appeara...
JoJo Diego
Personal Loans to purchase foreclosures...your thoughts?
Hi there,I was chatting with a friend that I plan on partnering with in flipping houses with (in DFW, mainly Dallas/Far North Dallas areas) and she brought an idea across - to purchase foreclosures with a personal loa...
Chris McDaniel
How much leverage?
Ok, so here is the question. How much do you leverage your portfolio? I have friends that are all over the map, I suppose it’s one of those “whatever is right for you” scenarios? I have some investor friends that are ...
Vladimir K.
Is this typical for Hard Money Lender?
After looking at two local (Chicagoland) hard money lender applications, I noticed that the lenders wanted me to disclose as much information as a conventional lender would require. In addition, the applications i...
Maryann L.
How does personal credit affect LLC?
I have a partner who has all the resources, but poor personal credit. I have very good credit. We want to form an LLC, but if we try to get a loan, will his credit affect our chances of potentially getting a loan?
Chris Orza
Wife doesn't want personal risk cash out refi - what other options?
My partner and I have 2 BRRR's...looking to get our 3rd.He wants to do a cash-out refi to pay for the 3rd.My wife doesn't want us to take on more personal debt.Hard money lenders only want to do flips.What other optio...