All Forum Posts by: James Moore

In the off chance that my refinance doesn’t allow me to completely pay back the hard money lender, should I wait until I have some cash on hand to make absolutely sure I can pay them back? 

@Kristin Feerst That’s the fear I was having. Thank y’all for the help!

Although come to think of it, buying a home traditionally would give me even less equity. But still, I was wondering how safe that number really is? Thank you all for any help. This is a wonderful community.

I’m a big fan of the Brrrr strategy and am studying to use it, but if after I refinance a property for 75% and am left with 25% equity, is that enough cushion for a big market crash? I don’t know how bad they historically can be.

I know that expenses on a rental property can be deducted from my taxable income, but what if I quit my 9-5 one day and invest full time? Can I deduct from my cash flow income this way?