Rasmey Rentals » money

Should I buy a rental property or put more money down on my primary residence?

Admin — Tue, 02 Feb 2010 16:42:17 +0000

I just sold my house in California (thankfully) and have about 150 grand to spend. I’m looking at moving into a new 125k house, but I’m thinking of getting a rental property and allow that to help offset my mortgage. Taxes are 2.7% here for real estate. I make about 100G’s a year, 42 and I live alone. Not sure about the hassle of rental property though.

Is it possible to acquire rental property without much of your own money?

Admin — Sat, 30 Jan 2010 08:22:10 +0000

Hi,
I don’t have a lot of cash in the bank, but I have good credit. Is it possible to acquire rental property such as apartment buildings, duplexs, ect? If so, how?

How to get money to fix a rental property?

Admin — Wed, 27 Jan 2010 00:41:32 +0000

I recently purchased a rental property with cash (it was extremely cheap) but it needs extreme repairs and I don’t have enough cash to make repairs. Plus I already have a primary home with a mortgage. Any suggestions?

how do you get the money to flip a house?

Admin — Tue, 26 Jan 2010 04:21:09 +0000

I am very interested in flipping houses but the only thing I know about it is what I see on TV. My husband and I have no money, he works full time and I am a full time student with a part time job. We own our home but we would really like to buy a house that needs some cosmetic repairs and flip it but we are clueless on how to get the money to achieve this goal. Do we just get a loan? If we get a mortgage on the house then we will have two house notes and still need money for the work on the house so I am confused. Can someone please explain how people go about doing this?

Can I still flip a house and make money?

Admin — Tue, 26 Jan 2010 01:30:26 +0000

Can this still be profitable in today’s market? I am located in sacramento, CA. Me and a few investors/friends of mine are interested in buying a house to flip and resell. We have done a lot of research, and believe we can get a good deal on a house needing fixing. But is anyone making any money flipping houses in today’s market? Thanks!

Is there still money to be made in house flipping? How much did you make on your last flip?

Admin — Mon, 25 Jan 2010 16:20:59 +0000

Is there still money to be made in flipping houses? Have you tried to flip a house recently? How much money did you make after it was all said and done? Which market were you in?