We have our investment property for sale because we cannot make the payments anymore. The renters are 5 months behind with rent & are now squatters. We are trying to evict them but it’s costing even more money. We’ve had an offer which was submitted in December. The lender has answered this week stating they [...]

Bassically, I am buying a property of a developer who marketing the property for £247,000 but my bank have done a valuation and say its only £235,000 and they are only willing to lend that amount so I have to come up with the rest of the £12,000 or lose my deposit etc is there [...]

I am a sophomore in college (civil engineering) who is interested in buying my first investment property. I’ve read several books on the process an know the fundamental thoughts behind investing in real estate.
There is a home for sale on a well loved street on campus which is annually rented to university students. With [...]

I am plotting on purchasing an investment property with 100% cash. I can buy the property at 60% of market value. I then plot on pulling a loan out for 60% of the market value. Would it be considered a mortgage or a home equity loan? A mortgage currently is about [...]

She wants to buy it, but can’t get a loan. She’d like do to a land contract. BUT, since i have a Mortgage, in order to do a land contract, wouldn’t i have to pay my mortage and HE off? Doesn’t the renter become the owner when the land contract is [...]

I have fallen behind in my mortgage on an investment property,, an Investor has offered to take it over on a land contract,, what is a land contrect. and who will retain ownership of the property ?/

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I have two mortgages – one for primary residence and one for investment property. I know that interest payment on both loans are tax deductible. But if I get a home equity loan against my primary home to pay off my high-interest car loan, the interest on this home equity loan is also [...]

I'm interested in buying an invesment property but the home needs a small work. I'd like to get a Home Equity Loan to cover some of the renovation costs. Would I be able to get a Home Equity Loan immediately after closing on the mortgage? If not how long must I wait [...]

My husband and I are thinking of purchasing an investment property by way of using a home equity loan on our first home. Is this a smart thing to do? what are the down sides of it? We don’t have money of our own in the bank to do it, but it seems like a [...]