Jan 27

What is the best way to finance a 50k house purchase?

Posted in Renting & Real Estate
Chad asked:


I am thinking about buying a property about 50k when the house market is still low. But I only have around 20k cash. I don’t want to use it all because most likely property around 50k will need some repair. So, investment wise, what is the best finance strategy I should use for this purchase?
Thanks.

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Jan 27

What is the best way to finance a new home purchase and addition simultaneously?

Posted in Renting & Real Estate
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?

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Jan 27

How do you handle your finance when subprime mortgage crisis hit you?

Posted in Renting & Real Estate
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?

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Jan 26

What is the best way to finance the purchase of a storage units facility?

Posted in Renting & Real Estate
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?

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Jan 26

How to finance investment property with almost zero down?

Posted in Renting & Real Estate
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 after ~2 yrs. I am aiming at high end units that can currently be bought at ~200K but will apraise to ~350 in about 6mos. Is there a way to find finance in this situation.

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