$29,000 investment question?
My wife and I have ,000 in savings right now that is at 2.48% interest. We have no mortgage as we rent, but want to buy a house soon. We have 2 student loans that total 5/month and a car payment that is 7/month. We had little savings before 3 years ago and have managed [...]
What are the stipulations regarding money for a downpayment on a mortgage loan?
I have heard that there are stipulations regarding money for a downpayment on a home. Please clarify the limitations regarding this matter. Sphere: Related Content
How do I invest money that I planning to buy a home with in 3-6 yrs?
Trying to match or beat national returns for real estate .I plan to use ETFs. This is not downpayment money (ie first 20%) but money above and beyond that. Just curious as to allocations, and I could always get a bigger mortgage and wait to withdraw if the market dropped significantly right before buying. Right [...]
What are the downpayment guidelines when buying a multi-unit investment property?
Is it different from a primary home? I am interested in an apartment building to purchase as an investment. What are the guidelines for downpayments on an investment property. Is it the same as a primary home? I have heard that it is not the 10-20% minimal downpayment because if all/most of your units are [...]
