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Results (10000)
Tyler Ammermann Additional principal mortgage payment
14 February 2020 | 5 replies

I own a two flat and am currently house hacking. My current mortgage payment includes PITI should I make additional principal payments or save the cash flow for reserves or go toward next investment.

Vincent Claypole Assumable mortgage and additional financing
6 October 2023 | 6 replies

Hello everyone, I'm new to real estate investing and have been browsing bigger pockets for a couple years now. I cant quite find the answer I'm looking for so here's my question:I have found an off market deal in my n...

Micah Watson Do I need a CPA? Recommendations?
30 January 2019 | 3 replies

I began renting my first and only SFR this passed April. Should I use a CPA to prepare my taxes or will my usual online software do the trick this time? Also looking for recommendations. I’m in West Michigan.

Ian Stack Using projected rent to qualify for additional mortgages
5 January 2020 | 2 replies

hey everyone,So I have a question about using projected rent to purchase rental properties moving forward.  Once I file my taxes in a few weeks I will have 2 years of rental income on tax returns which I believe is th...

Raj Kapur Mortgage loans for high DI ratio
29 January 2023 | 6 replies

I am a new rental property owner. My primary and my current rental properties are causing my DI ratio to be more than 45%, so I am not able to qualify for additional mortgages from some conventional banks to buy more ...

Renee Lee Tax’s vs Equity - would it hurt to much?
31 October 2019 | 3 replies

My questions stem from velocity banking...1. I know there is a tax deduction for writing off the interest on an investment property is it dollar for dollar?2. Let’s say, an investment property has a mortgage and ...

Melody Wright Payoff mortgages or buy additional rentals?
21 January 2021 | 9 replies

I’ve been struggling with what my next move should be. My goal is to get out of my 9-5 ASAP, and have my real estate investments replace about $4k of my income. I’m leery of being highly leveraged, but also dreading t...

Sylvia Kuzminski Buying more after FHA- not eligible for additional mortgages
12 February 2017 | 6 replies

Hi friends! I purchased my first multi family using FHA in June 2016. For various reasons, I actually regret using CHA. Anyway, I am looking to acquire more and have run into a problem- I don't have 30% equity and can...

Gabrielle Quarles Cannot Sell the Flip
3 March 2023 | 5 replies

Hi guys! Hope someone can help me with this situation. We have a flip that has been on the market for 153 days and it will not sell. Our business partners who can refinance the home won’t do it. We recently had an off...

Wilson Pereira Real estate mortgage and taxes
4 November 2020 | 7 replies

I have my rental real estate principal and interest mortgage payments going out of my LLC bank account. I believe only interest and real estate property taxes are tax deductible. How do I account for mortgage payments...