Archive for the ‘Renting & Real Estate’ Category
Monday, April 14th, 2008
Suresh P asked: I own two condos one, I live the other I am renting out. Both dont have any equity yet. I already have 51% debt to income. I can still afford MXM 5K down including closing costs and tax prepayments. My interest is to buy foreclosures and sell ...
Posted in Renting & Real Estate | 1 Comment »
Wednesday, April 9th, 2008
Free Indeed asked: I'm planning to "flip" a house in the midwest, but I'm not sure how to go about financing. I plan to purchase the house for $130k, spend $20k in repairs, and sell for $160k. I would need to finance the purchase and repairs.
1) I don't know what ...
Posted in Renting & Real Estate | 3 Comments »
Tuesday, April 8th, 2008
JoeB asked: I'm looking to do some major rennovations on my house and figuring out the best way to finance it has been racking my brain. I just can't figure out the pros & cons between refinancing, 2nd mortgages, home equity line of credits, etc.
A little background on the ...
Posted in Renting & Real Estate | 1 Comment »
Monday, April 7th, 2008
GoPack asked: I'd like to buy or build something like Public Storage. What's the best way to know where to build, find the land (or existing storage facility) and finance the purchase?
Posted in Renting & Real Estate | 2 Comments »
Friday, April 4th, 2008
filtuse asked: If any of you have hurt by mortgage crisis, could you please tell me your story and how do you handle your finance. How much percentage did your house's price dropped? Is it affected your lifestyle?
Posted in Renting & Real Estate | 2 Comments »
Sunday, March 30th, 2008
Georgina asked: I signed to purchase a home for $700,000. House will not be done until April 2007. Between now and then, if the prices of the homes drop, will I be obligated to pay what I signed up for or do I only finance what the house ...
Posted in Renting & Real Estate | 6 Comments »
Saturday, March 29th, 2008
maganda asked: Hello. I am attempting to buy a foreclosure in San Diego that is a single family residence with a total square footage of 528. I was told it is difficult for banks to finance anything under 600 square feet. The house is in good shape but its ...
Posted in Renting & Real Estate | 3 Comments »
Thursday, March 27th, 2008
2bright4u@sbcglobal.net asked: The buyer for our home just backed out and we have to close next Friday on the house we had made an offer on. We don't have enough cash on hand without our equity in this house to make the down payment. Is there anyway we ...
Posted in Renting & Real Estate | 7 Comments »
Monday, March 24th, 2008
Casper K asked: Ok, this is starting to get rather confusing. I am looking to buy a home in a surprisingly cheap neighborhood. The house I am interested in purchasing is under $50,000. My credit qualifies me for a bad credit loan, but no one wants to finance for such ...
Posted in Renting & Real Estate | 2 Comments »
Sunday, March 16th, 2008
Jim asked: I live in Colorado and plan to purchase a home. Before I move in, I'd like to add two bedrooms and a bath. What's the best way to finance this all at the same time?
Posted in Renting & Real Estate | 3 Comments »