 I have had to drop my house from £210,000 to £190,000? |
due to the credit crunch/house slump, and now the reduced stamp duty, more and more sellers are having to reduce there homes. My house is a 4 bed,with conservatory.
I wonder how many people who ... |
|
 At what age you got your first house? |
| Buying a house in today's market seen unreachable for lots young buyer. If you are the lucky ones, at what age you got your first house. How did you do it?... |
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 Renting with no tenancy agreement, do I have to pay? |
| I have been renting a place for about 6 months, my partner left me and I had to apply for housing benefit. Anyway, it's taken over 9 weeks for the council to sort out the rent andf they still ... |
|
 Can an over-21 renter be evicted because of having alcohol? |
| Okay...so some roommates and I rent a house together in Virginia. We're all adults and of age to drink. It turns out our landlord is a crazy old religious lady who thinks *any* alcohol is evil. S... |
|
 Does antone no where i can get free furniture? |
| just move out from my parents into a place of my own dut i have no ... |
|
 MY NEW APT. HAS BEDBUGS-- should my leasing co. buy me a new mattress? |
| I finally figured out I don't have skin parasites or a new allergy. My new apartment has bedbugs. I am relieved but apprehensive. I heard they can live in your mattress for almost a year without ... |
|
 Would you buy a house on a busy street? |
| We found a house that we really love. The only problem is, it's on a busy street. It's not really really busy, like highway busy, but it is a main thoroughfare. I have children too, small, ... |
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 My new tenant grabbed my Boob, what to do ? |
Im renting a bedroom in 5 bedroom house to 2 people...one is a very sweet girl.
but the other was a very nice seeming peruvian grad student
i spent a lot of time reviewing his ... |
|
 Do you think it is a good time to buy a house ? |
I am nearly 19 and my boyfriend is 21, we have been together 4 years and in the past couple of months we have been looking into buying a house together !
The lady who lives next door to my ... |
|
 Question for people renting a home? |
| Can a landlord enter your home at anytime if it is a rent house and it is technically his property?... |
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 Our real estate agent said we need 5 grand to "hold" a property that we are interested in, What is this? |
| He said we would get it back at closing. We arranged for 100%+ financing with our lender, so what would this 5 grand really be for?... |
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 Looking to buy a home, should we pay off debt or use it for a down payment? |
| Me and my soon to be fiance (within 2 weeks, I just bought the ring), have been thinking about going house hunting. What I would like to know is that between both of us we have about $10,000 in ... |
|
 Can I get this dead-beat Tenant to EVER leave??? |
| I know everyone is going to think I am crazy, but in our first attempt at renting out an apartment we seem to have gotten the tenant from Hell. We agreed to let her move in with 1 dog and 2 cats. S... |
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| When selling your home, can you legally say "no agents" or "no agency fees will be paid"? |
| I'm selling my house, and I have no desire to pay 3-6% of my home's value to a real estate agent. What rights do I have in this capacity?... |
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| I need a loan for 30,000. I have terrible credit. I have plenty of equity in 3 homes, can anyone help? |
| I have 2 properties on the market now, but buy the time I may be able to sell and settle on them will be a little to late.... |
|
 Uhh....moving outta teh house at 15? |
| me and two friends are planning on moving out of teh house at 15 [[one of us will be 16]] and we want to go to california...wat wuld be teh price range of apartments or condos in teh LA area? thx ... |
|
 Do Real Estate Agents get paid a lot? |
| Do they get paid enough to buy a very big house?... |
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no picture | How many houses can a person own? |
Is it legal for a person to own like ten houses? |
 |
 
Hello
 |
do you want to own ten houses?
do you really like to when a lot of people don't have it?
i don't know.........
but won't this first idea make you not to think of other things like being legal |
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whatevit
 |
According to the American Constitution ownership of houses is unlimited. |
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judy g
|
No a person can own aas much real estate as they an buy and pay the taxes on.
there is no state that limits how much you can own. |
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?
|
Probably as many as you like. My parents own five. That's the beauty of living in a free, non-socialist country. |
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sierraskyesmom
|
Sure - as long as you can afford it |
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non
|
you can own as many as you can afford but please keep in mind the pesposiblities of being a home owner, taxes and such for the legal side then there are unwritten rules that regard humanity. When getting envolved with multiple properties you should gain knowledge in that area by repudible entities who specialize in its affairs. |
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HomesByDamon.com
|
You can own as many properties as you can afford. However, here's the catch....for purposes of obtaining a mortgage loan, Fannie Mae's underwriting guidelines stipulate that an owner may not own more than 10 properties (including his primary residence) that are currently being financed. What this means is Fannie Mae approved lenders (banks / A paper lenders) will cap you at 10 properties. Therefore, once you reach this limit you will then either need to buy:
1. using cash
2. with private money (e.g., the rich doctor up the street)
3. with financing from non-prime lenders (some may follow the 10 prop. rule, some may not)
4. carry back seller financing (not always the easiest to find these sellers)
5. combination of the above.
Also, if you create an LLC (or other corporation) to buy real estate you will circumvent the 10 property rule limit. The tradeoff is you would be subject to commercial rates for financing and insurance, which are higher than residential. Good luck... |
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bayphoto3001
 |
Sky is the limit. |
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Bun
|
How much money do you have? That's what will determine how many you can own! |
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Been There~Done That!
 |
As many as they can afford to keep up. |
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walkinandrockin
|
Yes, you can own 10 houses, or 100 houses for that matter. There are no legal limits in the US, and every free country that I know of. |
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Wilus
 |
as long as you make payments for it |
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Jason E Perkins
|
A person can own as much property as he or she can handle. Just think of Donald Trump. |
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jim n
 |
only 2 One for the wife and kid, the other for the mistress and freinds......... |
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