Jacek Szewczyk
Need advice for refinancing
I’m looking to refinance my primary residence. Our current loan is under my wifes name and we would want to keep it that way. My concern is that she currently is only working once a week, and monthly pay stubs are re...
Kevin Dubina
Borrow from family for BRRRR to keep interest tax deductible?
I'm planning to do a BRRRR. Cash purchase for 90k, put in 15k and refinance for 110-120k
Since interest is no longer tax deductible unless you get a mortgage at the time of pruchase, I'm thinking it makes sense to bo...
Armand P.
A good time to refi OR wait?
Hello BP,
Shortly after the shutdown in March I decided to get a HELOC. I'm 8 years into my mortgage at 3.62% for 30 yr fixed. I recently spoke to a mortgage broker who advised to do a cash-out refi and close out the...
Tony Gatto
Getting cash out Refi loan
Hey AllI have a Double wide on 1/3 acre in a decent community. We have about 80,000 equity tied up into the home and will be closing out the payments in a few months. The home is rented with good tennants that have be...
Mark Verret
New Member in Baton Rouge
I registered on this site about two weeks ago. I have been listening to the pod casts, reading the beginner guide, and reading posts. I have contemplated investing in real estate for years and just decided now is...
Tim Sipowicz
Chicagoland Area REI Meetups
Hey everybody, new to REI and going to take the plunge next year after closing on a new primary residence. Will have about 50-60k to invest and would love to connect with other investors. Was wondering if any REI meet...
Daniel Nobbs
Property Split Wholesale Deal
I have a seller willing to do a property split and I’m looking to wholesale to a local developer/buyer. How should I structure the deal? My thoughts/action would be as follows:1. Get the seller under contract.2. Ask f...
Oleg Malkin
Carryforward losses if rental converted to primary
Greetings! Here is a scenario: I bought a third rental, placed it in service, and it is expected to have have significant repairs in 2021 that will likely lead to passive losses that will be carried forward into the f...
Juan Rosa
WHAT THE BEST STRATEGY???
In a costal market like NY, NJ, and CT where appreciation is greater than rental income. What is the best strategy or approach that real estate investor should use to invest? For example, would it be a buy and hold, ...
Kwame Koom-Dadzie
Well pump suggestions
Hello , anyone has recommendations for good well repair company or experience with well pumps . Property is on a well pump and Tenants states water has a smell now , strange taste & odd color . There is iron remov...