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I am looking to do a cash out refinance on a property that has a lot of equity into it. Probably gonna pull out $75K. What are the tax implications on a cash out? Is this taxed like a regular income, capital gains, etc?
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Hello,I'm still a total newbie/wannabe investor. My short-term goal is to buy a place in Denver that I can house hack easily, namely a duplex or multiplex, so I can get others to pay for my mortgage. I'm still house...
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Any investors in the Chicagoland area in need of a "bird dog" or willing to take on an apprentice of sorts and help show me the ropes of wholesaling? I already have a mentor for fix and flips and buy and holds but he...
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I would really like to get some opinions on a mulit-family house I’m asking my mother to quitclaim to me. She inherited this 3-unit home that a relative, deceased last year, had as an investment property. She (and I) ...
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Hello my fellow New York investors. So I was watching the news today and Gov Cuomo is stating that if he wins re-election he wants to continue his Buffalo Billion initiative which will invest capital into Buffalo N...
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When I first started my driving for dollars campaign I had tried door knocking. For some strange reason this is very nerve wrecking for me yet I gave it some effort. I quickly turned to direct mail for two reasons. ...
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Hi biggerpockets. I'm new hear but I've listened to many podcasts and I'm pretty dumb but I'm trying not to be. My wife and I have been looking for houses and we found one we liked and it was for sale by owner. When w...
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Here is a link to an interview we (Equity Team- Will Hamburg and myself) did with Sedona, Arizona Mayor Scott Jablow. We discussed short term rentals- past, present and possible future in Sedona.
In total, combing...
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Jan 2019, where in Detroit would you put 40 to 80K down for rental income and a little appreciation? Have never been to “the straight,” but plan on visiting. If you are investing here, please share. Thanks. North End,...
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Dear BP Community, I’ve been doing buy and hold multifamily for the last few years and also just closed on a 59 unit apartment building last month. However over the last 6 months or so I’ve been studying the STR strat...