Sep 3 2009

When you convert your investment property to primary residence are you required to notify your lender and refi?

What if you convert from primary residence to investment property? Do you have to notify your lender? Do you have to refi?
Aren’t the interest rates different for primary residence and investment properties?

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Sep 2 2009

Is it possible to get a 100% loan for an investment property?

I am a first time buyer and want to buy an investment property because a primary residence in my region is too expensive. Can I get a 100% loan, if so how?

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Aug 26 2009

Is it smart to buy a vacation home in 2009, and to use it as an investment?

I want to purcahse a vacation home next to the beach, but I also want to use it as an investment property. Would it be a mistake to buy it with the economy down, or a good thing since the prices are low?

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Aug 24 2009

Can a bank foreclosing on an investment property attach a lien on a client’s primary residence in Arizona?

I have lost my job and am having difficulty renting my investment property which is now worth less than the mortgage. If the investement property is foreclosed on, can the bank attach a lien to my primary residence in Arizona? Neither home has a second mortgage.

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Aug 17 2009

I bought a home with my brother and since have purchased investment props, but no primary residence. Do I qua?

I bought a home 12 years ago with my brother as tenants in common (2 unmarried individuals). I have since purchased some investment properties and gotten married as well. My wife moved in with me into the home that my brother still half owner. My wife has never purchased a primary residence [...]

Aug 11 2009

can you deduct interest expense from an investment property?

I deduct interest from my home right now but if I buy an investment property and rent it out, can I deduct the interest expense from my taxes?
vb, what do you mean I’m limited?

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Jul 30 2009

Can I write off interest/depreciation or other shortfalls on international investment property on my US tax?

I have an investment property abroad, and it is cashflow negative. I’ve heard that I can only write off deductions on my US tax at sale, not annually like I would if it were a US property. Can I write off these deductions on my US income tax?

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Jul 27 2009

Is it possible to refiance investment property that is a mobile/home land package?

I was given 1 acre of family land, I used that land as collateral to purchase the mobile home. I now have moved and I am told that since the is not my primary residence they will not refiance. The property is now an investment property. When we purchased the home, we [...]

Jul 22 2009

Roofing Contractor suggested doing just half the roof for an investment property. does it make sense?

Hi,
A foofing Contractor I contacted suggested a new roof for just half the roof of an investment property. He said it will cost ,800 just to do half the roof and that the other half is in a better condition. should I ask him to replace the entire roof or does it actually make sense [...]

Jul 17 2009

Wondering what is the best way to finance an investment property?

For an investment property (not to live in) should I use a home equity line, traditional fixed rate 30 year mortgage or something else. Let’s say I want to hang onto it for maybe 10 years….

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