March 25, 2010
January 21, 2010
Would it be wise to buy a house, rent it out, and then sell it after I pay off the mortgage?
Currently, I am a college student and looking to buy a house so I would be able to rent it out and then later on sell it for profit. The location of the house I am planning on buying is around the campus of UC Riverside. There are currently brand new houses that will be selling from the low $500,000. I was planning on putting a small amount for the down payment, then getting maybe a 30-year mortgage, and with the money renting it out to students I would be able to use that money to pay off the mortgage.
Because there are big risks with all the money involved and complications that can occur, I need all the advice and help I am able to get.
Rent Back
January 20, 2010
Whats a good company that would buy your house for quick sale and wont rip you off,?
We are moving out of country and dont want to use a real estate agent, cause it would take too long,want to move in a month. And will give us a fair price within what is value in the area.
Quick Property Sale
November 15, 2009
I am trying to buy a house through the quick sale process, before it forecloses?
we already made an offer to the bank and it was accepted pending the owner signs a promissary note stating they would repay part of the monies due. It doesn’t look like the owners will sign, and it will go through the foreclosure process. What happens to my bid? Does it affect my bid when this forecloses, or is it just a technicallity? Bottom line, do I get the house?
This will be our house, not an investment.
Repossession
