Wai Fung
Infinite Banking Concept, Cash Flow Banking, or Bank on Yourself
Has anybody used a IBC, CFB, or BOY policy to purchase real estate and use the returns to pay back the policy at higher interest rates than the policy charges? If so, what are the pros and cons? What are your thoughts...
Tom Harvey
Financing - Unconventional?
Here's my situation. I'm seeking a mortgage on a duplex. I'm self employed. I have a seasonal lawn care business. My plan is to actually get a job in the restaurant business (for the winter and temper hours during the...
Jessey Kwong
Where to start as a Canadian investing in USA?
First time poster here.
Being from Canada, and with properties out here in Vancouver, it just doesn’t make sense for me to be investing here and South of the border just seems to better deals, cash flow, and growth.
...
Jennie Jones
NYS tenant and landlord law changes and questions
Hi Everyone,NYS tenant and landlord law have recently changed. Wondering what landlords outside of New York City are doing to account for the changes. They seem drastic and tenant biased but I’m remaining optimistic a...
Julian S.
Question about DSCR
Hi everyone, I am a house flipper hoping to segue into rental properties in the near future in hopes of earning cash flow. I have short term goals of house hacking a fourplex, and long term goals of owning larger apa...
John Hastie
HELOC: Is interest deductible on primary residence?
HiI live in California. I took out a HELOC on my primary residence and used the funds as a deposit on another property which then became my primary residence. The previous primary residence was converted into a renta...
Jeremiah H.
Not sure what to do with a house with equity and need advice
I purchased a SFH for my primary residence about 3 years ago via short sale. Purchase price was 133K, I put down 20% with a 2.99%APR on a 15 year loan. I owe around 90k on it currently and it's worth roughly 180k. We ...
Phillip Trujillo
Shall we pull the trigger? - Owner financed deal in middle GA
Good morning Bigger Pockets!
My family and I are moving to GA in January (I’m active duty USAF) and we are looking for a home. I stumbled across a property listed FSBO on a well-known military "yard sale" type site...
Andrew B.
Receipt for Rent- Income Tax Question
Hi All,
I just have a fairly simple question. First off, landlording has been great for me so far in the year and a half that I have been doing it (knock on wood). The problem is I have not done my taxes for 2011 ( ...
Patrick Mulligan
Need advice on 2 possible lending scenarios for 2-4 unit property
Hello,I have 2 scenario's I need advice/guidance on regarding financing a 2-4 unit income property. Thanks in advance!---------------------------------------------------------------Scenario #1: 65 y/o retiree. Owns a ...