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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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Hey all - question on necessary reserves when applying for a loan through a US bank. I'm currently working on closing my second US property, first time financing through a bank. They just mentioned that I need to show...
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Hi,I am fairly new to real estate investment. I currently live in the Midwest and am interested in purchasing a property in Huntsville or Chattanooga. I lived in the South for a while so I am comfortable investing in ...
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Hi BP Community, I'm an investor in a few Ohio markets and I'm looking to break into Detroit. I live in New York.My initial research points to Detroit being an excellent cashflow market, almost too good! I would love ...
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Hi everyone, just joined BiggerPockets and I am very excited to start my journey as an investor to build wealth! I just signed up for the Real Estate Bootcamp. I am also a real estate agent from NY primarily serving Q...
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I'm so excited to post for the first time to BP, and to join this vibrant community!
My name is Matt Sauls and I'm a newer investor living in Redlands, California. Home turf for me is the Inland Empire, Orange County...
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I am new to the real estate investing space and was wondering how do you go about researching the best areas to purchase properties? Also if you have any areas you recommend and why I appreciate that. Thanks in advance!
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Im newbie in real estate investing. I’m living in Bay Area where finding deals that generate cashflow is impossible. Any advice where to invest?
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I'm new to BP and real estate investing. I am 25 years old and currently have 1 rental and 1 primary. In the rental I have about 50k equity and have considered selling the rental to unlock equity to reinvest or comple...
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Despite me having a good agent, I still have not been able to invest in anything in this market. The main factor, unfortunately, has been listing agents that don't communicate, aren't transparent or flat out ignore my...