Renting & Real Estate - August 2006

If I put a down payment on a house, can I immediately begin renting it out, using that rent to help pay down the mortgage? Is this feasible or am I missing some dynamic? There must be a downside. Please help if u know something i dont. If its a stupid question remember im just 23 :)

2006-08-22 20:39:22 · 9 answers · asked by MysteryMan 3

2006-08-22 17:08:11 · 8 answers · asked by beth s 1

labtop property profiles credit report evaluations prequal bowwers right there with the realtors. working togeather saving time and money lets trade

2006-08-22 17:00:52 · 4 answers · asked by Anonymous

2006-08-22 15:51:06 · 6 answers · asked by ace 1

i have extremely bad credit but have 25000 to put down on a 82 thousand dollar house what are my chances

2006-08-22 15:45:30 · 9 answers · asked by LOLO 3

i am selling my home and my closing lawyer needs to get a hold of my mortgage companies closing lawyer to ask him some questions.
my mortgage companies name is option one mortgage company.

2006-08-22 15:17:07 · 2 answers · asked by jmpoct03 1

I am renting out this house. I have given my word to a retired couple that they can rent it. Nothing signed. Today, a couple with 2 children needs a place to live, and they want to rent this place. I have another house that will be ready to rent in about 2 or 3 months. Do I see if the retired couple could wait for the new house or do I tell the new couple I can't help them?

2006-08-22 15:16:57 · 5 answers · asked by Anonymous

I'm making two interest only mortgage payments on my condo. $605 and $180 interest ONLY payments. Plus im paying $130 in association fees.($915 every freaking month---for 1/1 condo priced at 100k) A ripoff!
All that money is going out the window. Im better off renting! None of my monthly payments or association fees are going into the mortgage and I have only lived in my condo 6 months. Condo hasnt increased in value. Anyone have ideas? I cant afford this any longer.

2006-08-22 14:53:41 · 11 answers · asked by usa_jcrew68 1

2006-08-22 13:30:52 · 8 answers · asked by eeyore2000_18 1

1. What is "escrow" and how long does it take?
2. Usually, how long does it take to purchase a house before you can actually move in?
3. Generally, how much are "closing costs" and other related fees outside the actual cost of the house?

thanks in advance

2006-08-22 12:59:02 · 9 answers · asked by Anonymous

I was hurt on my land loards proprty and the manager won't tell me the insuance companys name to file a claim

2006-08-22 12:19:00 · 5 answers · asked by mark h 1

2006-08-22 12:15:20 · 3 answers · asked by hello 1

I have 250,000 to put down on a 500,000 piece of property
and i have an excellent fica score and own a successful business

2006-08-22 11:28:50 · 2 answers · asked by sanclem2005 1

I didn't put it there. But it has been a problem. Digging it and moving it. Digging it up and moving it again. It has also caused a problem with my neighbor. Long story but, bottom line, he has tried to shoot me. Should I disclose his actions also to any potential buyer?

2006-08-22 11:26:38 · 14 answers · asked by Dave B 4

2006-08-22 11:20:03 · 2 answers · asked by CALVIN J 1

I am looking into possibly being a real-estate agent, part-time? Do any of you happen to do this? Is it profitable if you have a full-time job aside from that, or would I be wasting money with licensing and classes and such?

How does one look into getting involved?

Thanks,
CT

2006-08-22 09:59:16 · 6 answers · asked by Anonymous

he don't give us any receipt everytime we pay him or ask him to give us a copy of the receipt.. we're thinking that he's fooling us all the time.. because he can put an additional amount of money to our bills without us knowing it.. he only send a text message or call us on how much we have to pay to him.. WHAT SHOULD I DO? WHERE CAN I GET A HELP WITHOUT SPENDING MONEY OR HOW CAN I REPORT HIM? TO WHOM? HELP ME...
i'm in norfolk virginia...

2006-08-22 09:56:37 · 8 answers · asked by . 1

2006-08-22 09:30:31 · 5 answers · asked by nils_mck 1

2006-08-22 09:24:19 · 14 answers · asked by JP 1

My apartment complex has a pool. But the landlords did not open it this year because they said that not enough people used it in the previous years and they could not justify paying lifeguards. Next spring, I was wondering if I could petition the other tenants to see if they want the pool open. I'm talked to some people in passing and they are disappointed that it is not open.

2006-08-22 09:06:30 · 5 answers · asked by Angrygirl5 3

with a awesome down payment could you any one know or has tried please help

2006-08-22 07:47:45 · 7 answers · asked by LOLO 3

for personal reasons i have sold my house so i am looking to rent a bungalow but my question is. ... If i put down a deposit to hold a property could my buyer pull out and leave us losing our deposit. thankyou all in advance.

2006-08-22 07:24:45 · 11 answers · asked by tom9437 2

It looks like a default is imenent(sp), being that it is only in my wifes name can this affect my credit ? My name is not on any of the paperwork.

2006-08-22 07:14:13 · 4 answers · asked by dogboy 1

2006-08-22 07:13:46 · 10 answers · asked by ms_fish_226 1

Im taking the dan mohr test tomorrow....any one have test review, or test questions to study? Or any websites for review?

2006-08-22 07:13:03 · 2 answers · asked by sep1242 1

2006-08-22 07:03:54 · 14 answers · asked by airein_81 1

Only needing the websites for selling my home. Have a good day!

2006-08-22 06:54:27 · 4 answers · asked by Kim A 1

2006-08-22 06:53:30 · 4 answers · asked by Anonymous

the address to ther bank is:
9451 Corbin avenue
Northridge, Ca 91324

2006-08-22 06:51:35 · 3 answers · asked by Sarah M 1

This term is located with my home loan information found on my mortgage company's website, but the amount is twice the value of my loan.

2006-08-22 06:14:46 · 5 answers · asked by honeedew22 2