Free and clear.
Can put large down payment(40-50%).
Can they get a mortgage, and insurance?
How will their property taxes be handled on the property
since they are older?
Approximate price of new home is $520K.

In accordance with the usual IRS travel/meals/ent rules, of course. Are these deductible this year even if I buy next year? What if circumstances change and I don’t buy at all? I’ve heard that if I don’t buy, not deductible; if I do, must be added to basis, not deducted. On the other hand, another person doing the same thing was told by his accountant to form an ‘investment’ corp. and write off all his real estate searching travel within that corp. (hopefully, he is not planning to tell this guy to buy the real estate in the corp, but if he isn’t then the tax write offs for the corp don’t seem that legit.). Thoughts? Thanks.
Sorry, this is for investment purposes, not for a personal residence.
Not pers residence, not vacation home. Rental property.
Yes, I already have one investment property, and the reason for buying elsewhere is because I believe, and research seems to back me up, that better value and better price appreciation can be had there vs here (think an expensive bubble area where rent positive rentals are hard to achieve, vs a midwestern locale where stuff is cheap and rent positive is the norm).

Ok, so I was wondering the other day- there are realtors out there to help you in the buying process of real estate, so is there such a person out there that could help you in the buying process of a car and any other recreational vehicle?

My husband and I thought about it, and really didn’t know if there was even such a person that existed- BECIDES the car salesman that works for the dealership? Someone that would not take a cut of commission from the sale? A complete third party that is truly there to assist you in getting the best deal and looking out for YOUR best interest instead of the dealerships?

My question is to you guys, is there such a person out there? If not, for freaking bananas; why doesn’t someone start up this business??!!
I know realtors do take a cut of commission… a reator was the closest comparison I could think of.
Of course this person, being a third party, would have a fee of his or her own for providing such a service. Heck, I would be willing to pay $1000.00 for a honest third party to go in with me, to negotiate the best total price, rates, taxes/fees, extras, warranty and to look over the final paper work to make sure all is sound and nothing extra has been added here or there.

It would be my first property so im pretty much clueless. Just the basics would be nice

My husband and I really want to own real estate. We may not be able to afford anything in our area and are thinking to invest in a four plex in an area where it makes sense.

Since we don’t own any real estate and don’t have much collateral, is it possible to buy investment real estate with 100% financing? We both have excelent credit.

How can I calculate if an investement property would even make sence to buy? What I mean by that is a property that would yield a possitive cash flow.

Thanks so much for your input.

I live in California

What is the law on property that back taxes are owed on? How many years of back taxes and how do I take it over completely! From a bank that cannot afford to pay taxes either!

is it a risky investment?

If so…

What are the steps to follow?

What % do I need to put down?

What are the restrictions?

What’s the best handheld PDA/Phone for a real estate agent to buy? I need one that can access the MLS and take good quality pictures. Also, I need to be able to email those pics instantly to a client.