simple tax question here...if i buy a property and a rehab it, and i'm all in for 200k, refi it and pull out 100k more, and then firesale at 300k, do i owe capital gains or is it a breakeven? something i'm missing he...
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Another post on here got me thinking. This may or may not be a rare situation to come across, but for the sake of my question, here is an example:
Suppose you come across a home owner who has a first and second mort...
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Who are the best lenders out there for re-financing investment properties?
I would like to take advantage of the current low rates, and would like to refinance a rental condo in FL.
Yes, the value has dropped a litt...
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Hi Bigger Pockets community,We are a young couple new in the Bay Area, originally from New Zealand.We have no credit history at the moment and made the mistake of putting all our eggs (20% down) into our first home b...
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Hello All, I'm ready to BRRRR my first property and after reading the BRRRR book I want to ensure I have the refinancing portion sorted before purchasing. I'm having trouble finding a financial institution that will h...
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Hey All, About to make a cash purchase for $21K on a 2/1, and put about 100K into it. Comps in neighborhood for same size property range from 155-185. How does it work with refinancing (for BRRRR) on a cash purchase s...
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With rates still being low, or potentially going lower have any of you been refinancing? Not because your doing BRRRR, but lets say you bought a rental with the standard 20-25% down a few years ago, value went up some.
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We bought our primary residence a few years ago. Its our first rental and stays occupied (4yrs) no maintenance issues as it is a newer home with fresh everything and reserves already built up. Should I refinance? Pur...
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I hear a lot on these podcasts how they use hard money loans and investor money to buy a deal and once they rehab it or add value they refinance and pay back loans. Now I've asked banks about refinancing or even getti...
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Hello,I have a mortgage and HELOC on primary home. I opened HELOC about 8-9 months ago and has some balance on it. Now, I am converting primary into rental property and moving into my second home. I have not been able...