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Updated about 7 years ago on .

User Stats

19
Posts
1
Votes
Kevin Mejia
  • Elizabeth, NJ
1
Votes |
19
Posts

First investment 203K?

Kevin Mejia
  • Elizabeth, NJ
Posted
After 2 years of being on BP I finally got me pre approval letter for an FHA right around my 23rd birthday šŸ™‚. Now I’m just looking for properties to invest in. I’m having trouble with the property taxes . I’m assuming if I get any improvements done on the house for example finishing a basement would my taxes increase by a lot ? I feel like I found a deal but I’m worried if I work on the property with the 203k my taxes will jump a significant amount next year. Any help would be appreciated