2006-12-14 14:13:57 · 12 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
Nothing! Cos I don't have on! HA ha ha ha!!!!
2006-12-14 14:15:23 · answer #1 · answered by Anonymous · 0⤊ 1⤋
Different banks require different things. It sounds to me if you have 25k to put into the deal right off the bat you should have no problem getting the loan. Interest rates will be the thing they try and jack up because of poor or no credit. Shop around for the best rate using the info you have given here. Also The condo or apt. thing would work best if you had 2 units. You live in one side and rent the other. With 25k down and rental fees from the other apt. you should be able to pay of the mortgage very quickly, thus owning both sides and increasing your monthly cash flow. Start saving the monthly(or weekly depending on the need in your area) rent for your next "move" and you may be able to keep both units when you decide to move and let them help pay off your new place. Real-estate can be a very profitable "savings" plan. With an avg return of 15% a year or more. P.S. Make sure you get an iron clad rental agreement drawn up by your attorney before renting to anyone. Cover your but. good luck
2016-05-24 17:40:45 · answer #2 · answered by ? 4 · 0⤊ 0⤋
I used to live in a slum 4 plex apartment building, the whole thing was worth about $30,000 USD.
2006-12-14 14:16:10 · answer #3 · answered by Marcus 2 · 0⤊ 0⤋
3 BR 2 .5 BA inground pool. Large lot/ 2 car att gar. full finished basement
$160K in central Indiana
2006-12-14 14:24:59 · answer #4 · answered by ra63 6 · 0⤊ 0⤋
The FREE service at the website source below will help you find your home's current market value and a suggested listing price.
2006-12-14 14:18:00 · answer #5 · answered by Piguy 4 · 0⤊ 0⤋
$620K- 3 bedroom home in Northern California
2006-12-14 14:16:14 · answer #6 · answered by Jacy 4 · 0⤊ 0⤋
i have a house in Templestowe Victoria Australia it is valued at $790,000.....
2006-12-14 14:15:44 · answer #7 · answered by askaway 6 · 0⤊ 0⤋
about $250K, we bought it 2.5 years ago for $150K
2006-12-14 14:16:20 · answer #8 · answered by a heart so big 6 · 0⤊ 0⤋
$420k
2006-12-14 14:15:05 · answer #9 · answered by phillipa_gordon 5 · 1⤊ 0⤋
$170,000
2006-12-14 14:16:07 · answer #10 · answered by ♥Stacy 6 · 0⤊ 0⤋