Kyler Pace
HELOC Interest Deduction
I understand the new rules regarding the tax deductibility of HELOC interest, but I have a situation that isn't quite so straight forward. I have a HELOC and used a portion of it to pay off a silent second mortage on ...
Tyler Bushey
First solo rehab underway!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $140,000
Cash invested: $8,500
Dated Cape style home, should be a quick 4 week cosmetic rehab. Found through driv...
Sean MacLeod
Found empty house - How to approach Dr owner
New to real estate investing, and looking to purchase two homes this year.While waking a nearby neighborhood, I talked to a neighbor that gave me a tip on a empty house. He gave me insight that the house has been vaca...
Alec Pinchak
Early employee @ IPO Fintech (need help!)
First time going through an IPO (AFRM). Looking for any advice/strategies for:• deferring/optimizing cap gains tax• finding the right CPA (well versed in pre ipo options, RSUs, multi state residency during tenure, etc...
Chryssa Rich
Calculating rental expense
I know a recommended goal is to clear $200/month after all expenses on a rental. My question is, do I count my increased mortgage payment as an “expense”?
I will do a cash out refi to cover the down payment on an inv...
Account Closed
House Hacking and loan vehicle
I recently found a house that is a mile away from my primary residence. I would like to buy it owner occupied, I would take one of the bedrooms and rent out the other onesto tenants. Are there any laws against this, s...
Dawn Roy
Hoarder House Transformed!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $190,000
Cash invested: $60,000
Sale price: $306,000
This was a hoarder house with great potential. Once every...
Cristovian B.
Orlando Home Number One
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $170,500
Cash invested: $20,000
This is a primary residence turned rental after moving out of the area; a strategy ...
Nicco M.
HELOC Payoff / How to best utilize
Hey BP!
I have about 85k equity in my primary residence and have been considering using a HELOC against my primary residence to purchase an investment property.
Am I correct in assuming most of the cash flow I’d ...
Mike Hasson
My First property - A live in fix
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $175,000
Cash invested: $15,000
First project! Was renting while researching real estate, and basically just bought...