Dear experts, I would like to invest in a rehab for 10% APR for 6 months. The house purchase price is 85k, rehab cost I'd about 20k. The loan will be secured by a mortgage on the house in closing.My questions for pros...
Just purchased my second investment property (first in my name).
Permanent residence is worth just over 200,000. I owe 150,000. I've lived here 3 years paying PMI on an FHA and the equity has come from increased pro...
Hello,My tenant recently moved out of my investment property which is a single-family 3 bed 1 1/2 bath home. There was quite a bit of work to do which I completed. I put it back on the market to rent.Now I am having...
Hi all! So....my husband and I own two rental properties, both of which we were able to purchase with a home equity line. We've owned one for 15 months and the other one for 4 months. Both of which have (very good) te...
I am a newbie passive investor and trying to understand tax implications of selling a rental property which has passive suspended losses. I don't have a primary residence (i myself live is an apartment), and recently ...
We have a mortgage of $280,000 at 6.5%. I have the cash to pay off the house right now, and still would have about $40k left as an emergency fund.Should I pay off the house, invest 50% and only pay off $140k of it, or...
Well, gentle people, I find myself up a creek without the proverbial paddle.
And PLEASE FORGIVE my apparent ignorance about such a basic topic as my questions below.
For reasons, which I won't go into here, I found ...
Totally random, but...
[b]What kind of car do you have? Do you like it?
What is your dream car and why?
What kind of car (realistically) would you replace your current car with? Why?[/b]
I have a 2010 VW Jetta sed...
What are your experiences renting to people who are retired? I have a potential tenant interested in renting a townhouse from me ($1800/month) and will be living alone. Curious on the best way to verify income, she me...
I bought my first property in Myrtle Beach about 4 years ago. I paid 70k and now owe about 50k on the mortgage. I put 14k as a down payment then. It is a 2bd 2bth condo. I recently moved to Charleston, SC for a new an...