Rohan J.
Has anyone bought properties with high property tax? Regret it?
hey BP - I've been looking around in Ohio for smaller multis and apartment buildings, and while the rents can be great, the neighborhoods that I like just have property taxes. For example, I'm looking at 4plex in a B-...
Kim Hopkins
Request from Seller for Loan Advance on Seller Financing - Math Help
Hello! Well, this is a brain tickler. So we purchased a retail property at the end of 2022 with seller financing: 5 year term, 30 year amortization, 0% interest. Payments are $2k per month. Three year option to extend...
Robert Plumpe
Very odd property tax situation?
Hey all:Got some information on a building I'm trying to evaluate and was shocked by some of the numbers...specifically the property tax. The owner is getting up in years and is looking to sell out & retire to th...
Naveen Desai
Insurance claim and received funds and not spent. is it taxed?
Hi, In 2017, I had to make an insurance claim for roof damage and received funds. I am still exploring contractors to help me with roof fixes. So effectively, I did not spend the amount received from Insurance. W...
Kevin Mejia
New 1st time home buyer
Hey BiggerPockets so I’ve been talking to some mortgage bankers . One specifically caught my attention . Bank Santander offered me a .625% discount on my mortgage because I’m making below the 50% median household inco...
Pete Smith
Hurdles in Qualifying for a VA Loan
Ran into a problem trying to qualify for a VA loan. My income and credit reports were fine and I qualify for the amount I'm seeking but...I'm the majority shareholder and managing member of an LLC which consolidates s...
Daniel Kent
Refinance from negative cash flow to positive cash flow
Hello BP Community!I have a rental property in Philadelphia which within the past year I just refinanced to reduce the term of the loan from 25 years to 15 years. This property was originally purchased as my primary...
Tom Nguyen
Commercial Strip Mall Leasing and Management agent questions
HelloI am in the process of buying the strip mall center and just received the proposal for managing the retail strip mall from the current agent since they already manage the strip mall. I want to get your opinion on...
James Kim
Rent renewal at decreased rate?
Hello,I'm wondering if anyone has been in a situation where your current rent on a sfh is such that when you rented in last year (or prior year for those that experienced this a while ago) the rent was the average for...
James Boreno
Do I have to pay Capital Gains?
Hello BP Fam,One of my SFH caught on fire and I'm in the process of selling it to a contractor. Had a quick question.I purchased the property for $500K about 10 years agoI'm selling the property for $575K with the Fir...