 We were told by a mortgage company that buyer of our home was approved & home was going to close, but has not. |
| Is there any contract or anything where a mortgage company employee says that the mortgage was approved by an underwriter & the home will definitely close? When there is no closing and the ... |
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 I got a free house in april need help? |
| i got a free house in april becuases my dad is going away for work for 2wks, but my neighbours keep watching me, there is three of them that keep watching me. i want my boyfriends and friends to come ... |
|
 Preparing to get our first mortgagae.? |
| My wife and I are preparing to get buy our first house which also means that we are preparing to get our first mortgage. What kind of interest rate should we be looking for? Should we go to several ... |
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 Whats the best way to get started in flipping houses for profit? |
| I watch flip that house and the real estate pros all the time, I think flipping houses would be fun and I know the income great but how would I get stsrted? Anyone know?... |
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 Can I leave husband off of title to house? |
Married. Live in IL. Do not want his name on the title.
Additional Details
Buying a new house.... |
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 Renters' Rights? |
| Do you have any good online resources for information on renters' rights? In Nov. 2005, I moved in with an old friend who owned her own home. In Feb. 2007, she gave me a letter that stated, &... |
|
 How is it to live in a mobile home? |
Hi,
I have saved some money, and I could buy a little mobile home... and I am wondering if this is a good idea or not.
Please help me.
Are mobile homes only for poor ... |
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| Contents insurence for tenents? |
| i am a concil tenent and want to find out about contents ... |
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 Can a lease be broken if not in writ ting? |
| I started renting to own my house 5 years ago. 2 days ago my land lord informed me i wasnt renting to own but just renting. He named several reasons why he broke the lease. But nothing was ever ... |
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 There is a empty house 3years in my neighborhood the owner died can i take over the house?i live in californi? |
i herd i have to do a hostile reverse domain 1 trespass 2 fix it up 3 live in it.is this right?whoever this property was left they have left it behind and have not been there for over three years
... |
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 How do I know when everything is going to close for sure on a home? |
| Our offer got excepted and we submitted everything except for 3 papers that I am waiting to receive (1 paycheck stub and 2 bank statements). We signed papers and shipped them back and I checked the ... |
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 Has anyone ever had trouble with an attorneys and fraudulent charges? |
| I have been done with this attorney for 2 years since my divorce was final. I have been slow paying, but mainly because she did a terrible job in representing me. Also she charged me for reading a ... |
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 I have my RE license. I dont want to be a realtor but I want to sell my parents 2mil dollar house. How ? |
| My parents want to sell their house in a year and buy a new bigger one. How can I learn to sell their house and find a new one without becoming a full time realtor. Any suggestions? T... |
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 Any LANDLORD out there?? need some advice? |
hello all
i am a new landlord. i just bought an apartment. i will be moving into it myself in a couple of years but i will be renting it out in the meantime. it is currently in livable ... |
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 Mortgage rates where are they going? |
what do you think about the mortgage rates in the next 2 months, will it go up or it will continue to sink?
i'm planning to buy a house but im thinking twice since i know that the fed ... |
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Timothy P | Do need to have alot of money to get involed in real estate? |
i live in southfield, mich a suburb of detroit |
 |
 
dbol83
|
No, there are ways to get into foreclosures with very little to no money. Try http://mwdbol.refortunes.hop.clickbank.net
I bought this several months ago and just got my first foreclosure, and i am a student in college. He knows his stuff, check it out. |
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jim
|
Depends on what you plan on doing, if its a rental property, you usually need to invest 65% of the cost of the property to be able to make any money otherwise all of you money will be spent paying for the property. Also you have to factor in any repairs or extra expenses getting the property ready for rent. Now if you plan to turn a house, fix it up and then resale, the answer is definitely yes, you have to have a set budget and a time table on when everything is going to done getting the property ready for the flip. Otherwise the time wasted lallygagging around will cost you on the loan you have on the property. |
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beachflmom4
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go get yourself some books by Robert Kyosaki. He wrote the Cash Flow Quadrant and Rich Dad, Poor Dad. Among others. You don't need a lot of money, but it helps. ALso, good credit is something you need if you're looking into creative financing. The market is down a bit in Michigan right now, I think, so seller financing may be an option. |
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ostara00
 |
It depends on the real estate in your area. I work in the mortgage industry in the Boston area, and although you can get a loan with out any money down, the cost of such a mortgage on investment property would be high. Not to mention you should have emergency funds for things going wrong that you did not think of. Things will always come up,so the short answer is yes, you should have some money set aside, but the long answer is it depends on your market area. |
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izalgudchic
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You need seed money at least. |
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Redeemer
 |
Probably. It's like opening a business. |
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judy_derr38565
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Yes, talke with a local realator and they will be able to tell you, you have to pay for the schooling, license, and every so often you have to take updated courses. |
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raejacks
 |
Not a lot, but some. You need a down payment which can be as low as 5% of the selling price. You need to pay lawyer fees which can be around $1000. Depending on what month you buy in, you have to pay back some of the property taxes to the previous owner for the year. That amount varies. So yah, you need a few thousand dollars to get started. |
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John Luke
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Real Estate is the most expensive type of investing. You should start with a 401k plan and some stock market trading. |
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