Can I invest in property with only 10 to 15k?
Saturday, April 10th, 2010 at
12:27 am
For example, if there were a 100-150 thousand dollar property for sale, would I be able to buy it, if I can only get a $15,000 loan. I mean, is it possible to make a deposit on the property and would it have to be a property that generates income from rent? The situation is that I earn only $39k a year but I want to invest in land/property. Can you advise me? Thanks!
Rent Back Fast
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Tagged with: Dollar • Invest • Land Property • Property For Sale
Filed under: rent property
Ummmm… nr, u kon geen bezit $100K met slechts een lening kopen $15.000, tenzij u de verkoper het saldo van $85.000 in contant geld geeft.
Enerzijds, ja, kon u een bezit kopen $100K door slechts $15.000 neer te zetten. Nochtans, me ervan bewust ben dat wanneer u de lening voor $85.000 krijgt, u kunt verwachten om minstens nog eens $5.000 tot $10.000 te betalen in het sluiten van kosten. Dat is waar de banken en de hypotheekbedrijven u… al deze prijzen, vooral titelverzekering krijgen.
Ik zou voorstellen dat u een partner om met als vindt te investeren u werkelijk in onroerende goederen wilt investeren. Begin klein, verg uw tijd vindend een potentiële winnaar, en ga daar van!
Sie k
i don’t have experience with property and i think that 15K with property is not enough maybe , but i have experience in asset management , with 100k usd invested , their minimum now is 15K usd , profit 3% to 10% mothly, so far so good , i ‘m happy with it , take a look if you are interested.