Nathan S.
Substantially Equal Periodic Payment (SEPP)
Anyone out there research this? My goal is to retire and live off of income of six single family home investments by age 55. They need to be free and clear and the thought was to use my 401k through the SEPP program...
Dax Nollenberger
Down Payment, The Great Mortgage Equalizer
Interest rates have had a substantial impact on the overall affordability of a home. With mortgage rates on the continual rise, it’s time to think creatively about how we can minimize our long-term costs and make our ...
Mike Bayer
Understanding Payment Terms
I'm a bit confused on how a short term loan for a fix and flip works as far as the payments go. For example if there was a 100k loan with 9% interest, what type of terms do companies typically offer. I'm wondering h...
Alex T.
Quarterly LLC Payments
I have an LLC that was started in 2017 for my first flip. The LLC generated no taxable income in 2017, but of course, we still filed a return. We sold the flip property in 2018 for a profit. Was I supposed to be payin...
Kevin Roberts
1st property - Help with best way to close w/ owner finance
The purchase price is $38700 and I plan on putting a down of 35% = $35545 and having the owner carry the remainder for 12 months with equal payments and 6% interest. What is the best way to close on this property incl...
Samuel Chua
higher down-payment equals to more cash but lower CoCROI
May I know why higher down-payment equals to more cash but lower CoCROI? Thanks!
Nicole A.
BGE utilitiy costs in Baltimore County
I was curious to hear from my fellow Baltimore County Maryland investors. I've noticed a few of my tenants have mentioned that they get pretty high bills from BGE. The bills are in the $200+ range for small 2-bedroom ...
Brendan Ashton
Newbie Considering Renting Out First House
Hello everyone! I just stumbled on the BiggerPockets podcast and have loved what I've heard so far.I need some help. We are considering renting out our first house and moving into another house we love in our same nei...
Zachary Critchett
Will my mortgage payment change?
Hello,
If my property tax assessment goes up or down will my mortgage payment go up or down? Also, if the property is paid off am I required to pay the entire tax year at one time? And will the payment be fixed or do...
Vince Lucas
Owner can’t depreciate property and wants to sell creatively
Property owner is no longer able to depreciate property and said that if he sells he’d need to pay 20k. He asked if I would be interested in doing something creative with him. I am not an accountant so I’m not really ...