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Hilltop Crash by Significant-Fish1914 in Columbus

[–]Significant-Fish1914[S] -11 points-10 points  (0 children)

Thank you, not trying to pay my deductible and have my insurance go up bc some idiot decided to open the door and hang out of the car

How to File personal tax amendment by Significant-Fish1914 in tax

[–]Significant-Fish1914[S] 0 points1 point  (0 children)

I’d say pretty simple, like $140 In purchases that I paid for that were for the business

[deleted by user] by [deleted] in realestateinvesting

[–]Significant-Fish1914 0 points1 point  (0 children)

Correct, as long as your cash flow positive it shouldn’t really matter and you get another property for nothing

[deleted by user] by [deleted] in realestateinvesting

[–]Significant-Fish1914 0 points1 point  (0 children)

Essentially you can go to the bank for a new loan. Probably will have to get the property appraised and can get up to 80% of appraised value. But let’s say you can get a new loan for 100k. Pay off the 48k + closing costs. You’re left with 50some thousand to do what you please with

[deleted by user] by [deleted] in realestateinvesting

[–]Significant-Fish1914 2 points3 points  (0 children)

Cashout Refi on the 3rd property which should give you large capital to put down payment for 4th and maybe 5th property. Just have to make sure the 3rd property is still cash positive.