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 I'm looking into purchasing a Condo. I will be a 1st time home buyer. Its there any tips/secrets I should...?
Look out for? What kind of questions should I ask about the condo, and what if any kinds of inspections should i request?...


 Does it make sense to buy a house full cash down?
I am a new immigrant to US and I have about $400k which I'd like to use to buy a small single family home. I have a stable job and no debts. Thinking why should I pay mortgage and run the risk ...


 Does this seem like a scam, would you try this out or does it look like trouble??
go to this link and tell me what you think?

http://atlanta.craigslis
We are wanting to move by dec. 1st and then i came across this ad. Tell me what you ...


 Buyers trying to put off closing HELP?
Hi my downstairs neighbors are under contract to buy my condo.
They first agreed back in May on a June 30th settlement date.
Before the June 30th settlement they & their lawyer went on ...


 What are ways to avoid PMI (mortgage insurance) if we can't put 20% down?
are there any ways or pretty much thats it? i heard the 80/20 loans are no longer available is that true?...


 I want to flip houses in Tampa/Clearwater/St. Petersburg area. People with EXPERIENCE ONLY please!?
I have $15000 ready to invest right now. My husband has excellent credit and we're thinking of getting a "hard money" loan. I have read many books about it front to cover and done some ...


 Why is it so hard to get a loan to purchase a mobile home with land?
they are just like regular homes. what the hell?!...


 I need a spring slogan for apartment marketing? any ideas?

Additional Details
thanks for your ...


 Using Family as the realtor?
My mother-in-law became a real estate agent about 1 year ago. We listed our home with her then and it has been 10 months and we are getting discouraged.

We have not had one offer. She has ...


 My boyfriend and I are buying a house. Mycredit is bad and his is fair. Should we just use his credit???
...


 I sold my house. Can I back out before closing?
...


 I want TO sell my property.what time will be best?
i live in uk,walsall....


 Whats the fastest way/best way to sell my house quick.?
Ilive in the albany,ny area------I need to sell asap....


 I was about to take my girls I found out thay cost 2,000 dollars?
...


 House Flippers?
Do house flippers have to pay a penalty tax or fee for reselling the house so soon, as opposed to waiting for, say two years?
Additional Details
What if I only got a six month loan as ...


 What is the single most important rule in house hunting?
I am talking about real estate....


 I have 34 days to come up with $7,500.00. Any ideas???
I am looking for serious answers only. Yes, I do work, but this money need to come from additional sources. It is the closing costs i need for a new home i just purchased in PA. I can't apply ...


 If, when I move into a rental property, I pay a months rent in advance and a months rent for the deposit...?
does that mean that if I move out in October, I stop paying rent in September or should I get two months rent as my deposit when I leave?...


 How come most apartments have carpets?
Why not hardwood floors or laminated floors? Isn't it easier to clean and would look much nicer? What's your two cents in this?...


 I can't sell my condo and am thinking about walking away from it? What happens to my built-up equity?
My condo has been on the market for nearly a year and I can't sell it because of the sub-prime problems. I've listed it for 25K less than I bought it for and still no takers. I'm at ...



richard
Should i buy homes and flip or stay and support wife.?
ok i am having this dilemma im 22 almost 23 and ive been married for almost 3 years, i have a house in yuma, az and my wife has a restaurant that has been running for about 3 or 4 months.

her restaurant is co owned by her parents and her. im unemployed due to my arthritis which was caused by my military service. so i get 1333 a month tax free. i used to do construction in military and i want to go to another city, to go to UTI on Vocational Rehab which help me find a job that i can do and like it. they pay me a extra 750 or so on top of all supplies for housing.

while in another city i want to start flipping a cheap house the mortgage would only be like 400 a month plus utility's. and then i might want to move there and retire, for the most part.

but my wife is so wrapped up in her restaurant she is so stubborn she wont move or support me in any way. she said i need to find a "happy medium" what should i do? her restaurant is barley breaking even.
Additional Details
when i say fliping a house i mean buy a 30k house puting in new carpet and cabnets and selling for 130k
                     
 




kayakyen
It sounds like both of you have a lot going on at the same time. One thing I do know is that businesses mostly lose money the first year. She is breaking even at only 4 months which is better than most business, especially in these uncertain times. You are trying to do a totally different thing that may or may not work. I think that although both of you are doing very individualized businesses, since she is already well on her way, you may want to wait for about 8 months to a year and see how the business goes. Besides, Real estate is in a rut right now, in about a year it may be much better.


Brandon
Rating
Sounds like you are already retired. Support your wife. She seems to be the only one trying to keep a real job. If you have arthritis how much flipping are you really going to be able to do? You don't have enough income to survive flipping a house and it failing.


Expert Realtor
Rating
If you think that you can make $100K by doing carpet and paint...you've been watching too many episodes of HGTV.

This is NOT the time to be "new" in house flipping, especially when you need money and you clearly have no clue of how the business works.

You are getting ready to make a major financial mistake.


panhandlr4
What in the world are you smoking. I'll buy a 30K house put in new carpet, new cabinets, and sell it for 130K. What a pipe dream.

BTW CRAPPY economy means no body is buying homes.

Go back to school, and Support your wife.

PS: Thank you for your military service.


Pengy
Now is not the time to be flipping houses, the reason they are so cheap is no one can buy them, in addition if you are doing the work then you really are not disabled now are you? What happens when you get caught? Thats right you won't and that is what they all say. You really need to read more about the economy and what is happening instead of seeing only the one part


estielmo
Flipping is not as lucrative as it once was since the bubble broke - don't believe the infomercials on TV. Just slapping a coat of paint on a beat-up house and re-selling it isn't the way to riches anymore.

I'd go get the free training and bring it back to your current city to get work.


Droc
So what makes you think that the Crappy economy that's affecting her restaurant sales isn't going to affect your real estate fiasco. There are plenty of schools and vocational rehap places that will help you in your area I'm sure. Why not help out at the restaurant? That way they can get rid of some of that labor, make more of a profit and ultimately grow despite the downturn in the economy. You just need to get out of the house it sounds like. Be a man and support your wife, not the other way around.


Michelle
this is an unfortunate situation because you both are so young and finding your calling and trying to est. yourselves. if she can't find a happy medium for you how can you do that for her? where is your future where you are? your paths might have to diverge but don't give up on your marriage and try everything even if you need some advice and guidance from someone else. it seems like her reseraunt is VERY new and it would be a disappointment to have to leave not knowing if it could have succeeded, but then again it would be easier to before the ball starts rolling with it. dont hold back your own dreams though, you deserve those too

keep bringing it up because you two really need to talk through this, until it is resolved, maybe it hasn't sunk in how important this situation is to you


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