Hello, I am looking to purchase my 1st property and I guess I just wanted to run it by others before I pull the trigger.

I have an opportunity to pick up a place in this town of Rock Hill, NY and wondered if there were any BP’ers nearby that could help be my boots on the ground if I pulled the trigger on this one.

Best case scenario, you refi all teed up at closing, then pull the trigger when it's time.

My question is this -- does a refinance trigger a tax assessment by the town?

My question is this -- does a refinance trigger a tax assessment by the town?

Mentioning anything to a lender in terms of using it as an investment can trigger them to be leery of the loan and require a larger down payment.

It was more of my trigger point to really get this thing started.

Erin,I have communicated with them in the past and was close to pulling the trigger but decided not to. 

I’m still finding my way and would obviously like to pull the trigger when a low cost tide is at my back.

The "due on sale" clause does not get triggered in this case because the lender is aware and approves of the transfer."