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All Forum Posts by: William D.

William D. has started 3 posts and replied 9 times.

[i think your coming at this from an ideological point of view, and that's fine.] but if i did that i wouldn't be able to make payments. right now i qualify for ibr [income based repayment plan] with payments of zero.  it takes all my income now to meet monthly demands. my idea is this second, after some improvements which my wife and i have experience and enjoy doing, will be  considerably more valuable, and will, importantly, allow our kids to attend a much better school.
as far as paying off student loans, my plan has to be longer range. if teaching in a title one school for 10 years i receive i think 70% relief of these loans -- so that is part of my loan repayment idea. appreciating any input.

what i want to do is buy the second home, then do a little work on our current home [some small things need to be done] so as to sell it. that money would then allow me to pay for the second home i'm looking at.

ok, but i can't do that. any other ideas?

i have good or excellent credit, my teacher income isn't so good, i own our current home, i want to buy another home but previously have been told my student loans are a problem and disqualify me. any help?

Post: Introduction from NYC

William D.Posted
  • Alachua, FL
  • Posts 9
  • Votes 0

Ok, thanks Hattie.

Post: Introduction from NYC

William D.Posted
  • Alachua, FL
  • Posts 9
  • Votes 0

I'm new here. And was reading where Hattie Dizmond wrote:

"Set up some keyword alerts. It will keep you engaged in valuable discussions, while you're getting plugged in."


Yes, there are lots of acronyms or abbreviations, what does it mean to "Set up some keyword alerts?"
Thanks.

Post: Starting out with no cash or little cash: Is it possible?

William D.Posted
  • Alachua, FL
  • Posts 9
  • Votes 0

Thanks for your input John. There are "number checkers?"
Will read some of your posts. 

Post: Starting out with no cash or little cash: Is it possible?

William D.Posted
  • Alachua, FL
  • Posts 9
  • Votes 0

Hi, I'm considering real estate investing. Are there ways (legitimate, legal, and moral) to enter this field working part time with little or no cash? I have some knowledge and experience in remodeling and general home improvement/maintenance. I'm not sure if I'd want to fix up and flip or fix up and rent. Would be glad to start by listening to advice from those experienced in this field. Thank you.

Hi.
How can I decide or analyse if a certain area is potentially good for buying rental property?