Bill Zarzecki
cash out refiance question
Looking to start purchasing homes for buy and hold rentals, I'll probably do a cash out re-fi on my primary residence. Does it make more sense to cash out and rent my current home to a tenant, or use the cash out and ...
Dan Allder
Buying first property best way to finance the down payment?
We are wanting to purchase our first rental property and are trying to determine the best way to finance the down payment. Or see what options are available for down payments.
Kyle Steiner
Is Interest on a Rental Property HELOC Tax Deductible?
I'm getting a HELOC on a rental property I own and I'm wondering if I'll be able to deduct the interest on my taxes. I plan to use the funds exclusively for the purchase of rental properties and/or flips and related ...
David Lauka
Closed on my first property! Kalamazoo, MI 49004
Hi BP Community,I wanted to share that I closed on my first property on May 19th and I couldn't be more excited! I purchased a 2 bedroom 1 bath SFH for $66,000. The property is basically ready to rent and I suspect t...
Dan Green
Possible Subject too deal in Jacksonville FL
Are there any subject too investors here in Jacksonville that can help me out with a deal that i have?Here are details summed up This is a family house. My Aunt and uncle died left my cousin a house. They took out a 1...
Michael Pritchett
Primary Residence Mortgage Refinance
Hello,My name is Michael and my wife and I live in a suburb of Nashville, TN. We bought our primary residence in March of 2020 and have a current 30 year fixed mortgage of roughly 386,000 dollars at an interest rate o...
Nella DiBenedetto
Second Mortgage on an Investment instead of waiting to do a HELOC?
Hi BP fam! I need some advice. I just bought a home as a primary and rehabbed it. My LTV is still too high (due to me only putting 4% down) to pull out the amount of equity that I am wanting to convert the garage into...
Armand Sepulveda
Finding money for repairs. Turning personal home into long term rental.
I'd like to rent out my personal residence I bought in Dec 21' with an FHA loan but I'm having plumbing issues. The house value is about 265k and the mortgage is about 215k. I have about 7k in savings but I was wonder...
Matthew Paul
Appraiser wouldnt appraise house ...........Heres why
My best friend is getting a HELOC to buy an investment property . Self employed utility contractor . The heloc is on his personal house , 400K in equity . He had an appointment today at 3 pm . the appraised calls and...
Bob Ross
Is 203k loan good a good way to get instant equity?
I was originally looking at a multi family for my first deal but recently been leaning towards buying a single family for lifestyle reasons.I am still looking for this to help springboard my investing career. If buyi...