Was looking at buying an investment property near Indianapolis and just discovered something huge. The property taxes are reduced for primary residence 3 different ways.
1. If you have a mortgage you get a tax break
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Hi all,Curious as to your advice on my situation. I recently bought a sfh with a partner, rehabbed it, and am just about to close on the refinance to pay my partner back. When I refinance I can either borrow just eno...
Hey all!I am full of questions, and I truly do appreciate everyones time and effort in their responses thus far; BP really is an awesome community! Ok so onto the question:Let's say I am purchasing a single family hom...
My wife and I own a rental (lived in for several years, but not recently). We'd like to sell it and use the proceeds to buy a new primary residence and then either convert our existing primary residence to a rental or...
Hello I’m new to bigger pockets and Real Estate. I’m looking to purchase my first property and I have a decent amount of money saved for down payment and closing cost etc. I make decent amount of money 70-80k yr and h...
Hi David and other members,Thank you so much for what you have done to bring a wealth of knowledge. I have enjoyed listening to your podcast. I have learned a lot over a last few months. I have a question about my pro...
Hello!I am thinking about using a HELOC on my rental property and the company I spoke to said that the minimum LTV they would lend on a HELOC is 80%. Perhaps I am misremembering, but I believe I heard a friend say tha...
Hello!I am relocating to another state for a new job and am trying to decide if I want to sell my home and re-invest in something up here. Some final facts I need to make a decision are the tax implications, any help...
If I turn my home that I had financed through a VA Loan to into a rental property, will it allow me to become eligible to apply for a new VA Loan (or) Will I have to wait until the Property is paid off in full?
Does anyone have a recommended investor friendly credit union or bank in mid Michigan?Looking for conventional with at least 70 LTV based on arv Also any recommendations on a portfolio lender with good terms on short ...