RentToOwn-HouseFinder.com

Lease Option? I would like to invest in Lease- Option Properties but i need to understand how to figure out, if the propertie will appreciate or depreciate when it comes time for the buyer to buy. I dont want them to leave and not buy a property that depreciates in value. Leaving me with it. thank you for anyone's help. Thanks alot for the info can you let me know what is a ROI

Real Estate Investing website feedback? Hello, I built this website to host a real estate lease option investing program. I went through tripod.com because they offer a free website package. Although it looks ugly with their ads on my page, tell me what you think of the rest of the format. Thanks!!

What is a land lease option? I am intrested in investing in some real estate and a broker who attends investment meetings and works for a morgage company took me to look at a condo which is for sale for $60,000 appraised at $90 but it is a land lease option and $35,000 has to be paid upfront to purchase the condo, and later if I wanted to sell I would only be able to sell for cash? Can anybody advise as to what problems may arise here. The Condo is nice inside but buildng is ugly not great neibourhood.

Where can I find sample lease option contracts I would like to find a few sample lease option real estate contracts to understand the verbiage and terminology. I know these are available for a fee but I would like to skim a few before really investing the cash. I will follow-up all findings with a real estate attorney of course.

Lease with option to buy..too good to be true??? My brother in law recently invested in a lease with option to buy program on a $450,000 home. What I find strange is that he just foreclosed on two homes. When I asked him how the program worked he said that all he did was pay $5000 down and $2,200 a month for rent. Although this sounds great, what is the catch??? it can't be that easy with two foreclosures hanging over his head. Does anyone know how rent to own programs work???

I am living in a house that I went into under a lease with option to buy agreement.? I lost my job shortly after entering into this lease with option to buy. I put $2,500 up front and any amount over the rent $500 was to go toward the downpayment. The landlord will not make any repairs. I have paid for all of the repairs and upkeep of the house for almost two years. I have however been late with the rent several times. He has accepted it but continues to charge late fees on a ongoing basis and each month says that he is going to put me out. I have invested all the money that I had into this house and he wants me to move out and he keeps all of the money. I don't think this is right since I have made all repairs and upkeep to the house since I have been here. Is there anything that I can do legally?

what is the best site for foreclosure listings(considering monthly fees etc), in regards to investing? what should i look for in considering a service for foreclosure listings? is it worth the monthly fee (for an online mimbership) or should i route to sticking with listings distributed through a sherriff's sale, county website, realtor? i'm ready to invest and have a mentor or two for advice, but like everyone in this industry, i'm desiring an investment with an average R.O.I (meaning, it doesn't have to be outrageous, as i'm willing to hold and eventually lease option) ...something that's not taking a lot of time to find....i just want to pick and choose. what are you suggestions???

How do I make a deal happen with a house that is overleveraged and has a large default amount? The new house is worth $500,000. Loan balance is $480,000. Default amount is $12,000. I am new to real estate investing. With this situation, I am thinking lease-option. What about the default amount, is it due immediately? Please give me your ideas/experience/advice. Thanks.

When a lease purchase or rent to own tenant buyer goes to purchase do they need 20% down on the mortgage? I have been investing in subject to real estate for a few years now, and someone told me a good way to sell a home I secure through a subject to deal would be through a lease purchase or rent to own contract. The idea sounds good, and I have been aware of the lease purchase contract. What I'm wondering about is the mortgage a lease purchase tenant buyer would need. On a rent to own a tenant buyer would only put a small down payment on the house, say 2 or 3% of the purchase price. When they go to exercise their option to actually purchase, not just rent, do they have to put down an additional 20% to secure a mortgage like if they had got a mortgage in the first place?, Or is there a loophole for a no or low down payment because they've been showing a commitment to the house? Any input from lease 2 purchase investors or a mortgage professional would be greatly appreciated! Thanks

I am new to real estate investing? How can I make money and support my familyin this market?Can i wholesale houses? lease option? rehab?What do you think is the best way. Or should i just stick to my 9-5 job?

Real Estate Investing Ideas? Okay. I have spent all afternoon thinking about different creative ways to invest in real estate. When I step back and look I realize that with each plan I came closer to being that guy on late night television. So I am going to ask for help. Here's what I have to work with. I have $2000. I would like to build cash flow but I would'nt complain about getting a lump sum. So I need help with a gameplan I can do working nothing more than $2000. I have read articles on reiclub.com and creonline.com and I just cant seem to put together a plan that makes since when I try to work it out. So please dont just say lease option, subject-to, land contract- I would like a general example and your experience with it would be great too. Thanks in advance for your responce!

Lease or Buy? (buy, not finance)? I want to buy a new car in the range of $30,000 to $50,000 I have the money. However, I can invest that money at a higher rate than the rate I'll get for the lease/finance. I am not a mechanic, so ... engine light to me means: get rid of it. In other words, I wanna get rid of the car within the warranty period (which is mostly 3 years). SO, Leasing is a good option for me. I get the car, I don't have to use my own cash (which I can invest somewhere else for profit), and I don't have to worry about getting rid of it. Now, my question is: why would leasing NOT be a good idea in this case?

looking for real estate investor mentor.? I'm looking for someone who has experience in real estate investing in Subject To, Lease Options, Foreclosure, Pre-Foreclosure, Short Sales. etc I'm willing to pay for the service.

rent to own help please? Hi my question is for investing in rent to own properties. I find distressed sellers willing to sell me the property, to do a lease option with tenant-buyers. But they are priced very high around 300k/400k, I find tenant-buyers willing to rent . But the rent is lower than the mortgage for the property. Does the owner of the property pay rest of the mortgage? Or is the rent suppose to be at same as the mortgage. Please help me thank you

Will books about Real Estate Investing published in 2003 to 2005 work in today’s market? I want to start another revenue stream and real estate makes the most sense to me. I don’t know jack about investing in real estate and want to read a bunch of books on things like options, notes and leasing before I buy my first real estate investment. As a stock market investor the rules about how and who can do margin, short, put, or calls on a stock have changed A LOT since that time and most of the books written about exotic investing in the stock market in the same time frame aren’t worth the paper they are written on. Has real estate investing changed that much too? And if it has which books are the best to read? I am NOT going to be flipping property. I am looking for apprication and cash flow. If this helps.

Leasing Horses - With option to buy? We are experienced lifelong owners looking to add one new member to join our family. To serve as husbands trail horse, team penning, reining and simply dressage for me. Considering a horse trained and ready to go in those directions let alone any horse has a hefty purchase price (sometimes more thay we can afford) and monthly ongoing feed/maintenance expense I am looking into leasing a couple to try out for a couple months instead to really make sure he/she is the one we want to commit to and purchase as our own. It isn't most economical, being if we do fall in love with one, we wil have overpaid for him but is it more sensible? Any one have any insight on this? Some of the funds go toward purchase price if we decide to buy. Any one do this before, were they happy or regret? I am happy I leased before buying a Toyota, I had to invest less, found out I don't like it, therefore It is leaving and I don't have to deal with it.

Invest in Bad Neighborhoods? Any comments appreciated on this? I'm thinking about buying a home in a bad neighborhood. I want to pay $12,000 for a 3 story in fair condition. I then plan on doing a lease option to someone. It does need a little fix up. I'm just wondering about the bad neighborhood if it will be a cash cow for me.

Please help. We are about to receive $100,000!? Ok, so, my husband and I are about to receive $100,000, basically as a wage bonus. Long story, but, the money is due by late this year or early next year. We live in a very rural area, we are a farm/ranch family and earn a very modest income. About 26,000 for a family of 4. Our problem is this: My husband wants to pay off all of our debt, which right now is about $25,000 to $30,000. Buy a boat, and basically enjoy life. There is nothing wrong with that of course in theory. It would be wonderful to be completely debt free. But, we are butting heads, as, I want to invest the money in some way. We hold a lease with option to buy on a section of land that would be useful to own. Although it would sell for about $120,000, we could get a good ways toward owning it. I know that is not exactly investing, but, at least we would own something that appreciates, instead of just owning our vehicles. The other thing I have been thinking about is buy a duplex in town. We live in a college town, so, rentals usually do pretty well. Anyway, hope you all followed that, I would really love any advice you may have! btw: We don't have a mortgage... The debt is about $3500 credit card, $4000 medical bills and the other $20,000 is for our vehicles and a semi truck. (ranch purposes) I just feel like if we do something to create income with the money right now, we will not have to worry about having debt later! If we pay off the vehicles, etc.. they will eventually need to be replaced, and, we have not actually bought anything that would generate an income!

I need help with answering these financial question... just formulas would even be helpful.? 1If managers are making decisions to maximize shareholder wealth, then they are primarily concerned with making decisions that should: a. Positively affect profits. b. Increase the market value of the firm's common stock. c. Either increase or have no effect on the value of the firm's common stock. d. Accomplish all of the above. 2A firm has return on equity of 20% and a total asset turnover of 4. Assuming a debt ratio of 50% and sales of $1,000,000, calculate net income. a. $25,000 b. $50,000 c. $75,000 d. $100,000 3The trading of negotiable certificates of deposit takes place on the: a. Chicago Board of Trade. b. New York Stock Exchange. c. American Stock Exchange. d. None of the above. 4As the cost of capital is increased, the: a. IRR remains constant. b. Payback period remains the same. c. Discounted payback period increases. d. Both "b" and "c". e. All of the above 5You have just won a magazine sweepstakes and have a choice of three alternatives. You can get $100,000 now, or $10,000 per year in perpetuity, or $50,000 now and $150,000 at the end of 10 years. If the appropriate discount rate is 12%, which option should you choose? a. $100,000 now b. $10,000 perpetuity c. $50,000 now and $150,000 in 10 years 6The break-even quantity of output results in an EBIT level equal to: a. Fixed costs. b. Contribution margin. c. Zero. d. Variable costs. 7If the NPV of a project is positive, then the project's IRR _________________ the required rate of return. a. must be less than b. must be greater than c. could be greater or less than d. cannot be determined without actual cash flows 8Given a 360-day year, the effective annual cost of not taking advantage of the 3/10, net 30 terms offered by a supplier is: a. 55.7%. b. 45.4%. c. 32.3%. d. 28.2%. 9A company is technically insolvent when: a. Cash outflows in a given period are greater than cash inflows. b. Earnings before interest payments are less than the interest payments. c. It lacks the necessary liquidity to promptly pay its current debt obligations. d. The current ratio is less than 1.0. 10Monopoly Corp. is projecting sales of $12 million next year. All sales will be on a credit basis. The present average collection period is 45 days. Monopoly is considering a change in selling terms from net 30 days to 2/10, net 30 in order to speed up the collections of its receivables. Studies indicate that one half of the firm's customers will take the discount. If Monopoly offers this discount, how much will it cost next year? Assume a 365-day year. a. $87,000 b. $98,000 c. $103,000 d. $112,000 e. $120,000 11Which of the following most likely would cause a lease to be classified as a capital lease? a. The lease is for five or more years. b. The lease is for $1 million or more. c. The lease permits the lessee to purchase the equipment at the end of the lease for its fair market value. d. The present value of the lease payments, calculated at the lessee's typical rate of interest for a similar purchase loan, is more than the original purchase price of the equipment. 12UVP preferred stock pays $5.00 in annual dividends per share. If your required rate of return is 13%, how much will you be willing to pay for one share? a. $38.46 b. $26.26 c. $65.46 d. $46.38 13Determine the dollar value of a three year annuity that would produce the same NPV as the following project if the appropriate discount rate is 15%, and initial outflow = 0. Initial Outflow = $1,200 Cash Flow Year 1 = $800 Cash Flow Year 2 = $500 Cash Flow Year 3 = $700 a. $250.38 b. $673.94 c. $146.28 d. $430.82 14Sola Cola Corporation is undertaking a capital budgeting analysis. The rate on 30-year U.S. Treasury bonds is 6.3%, and the return on the S&P 500 index is 18.5%. If the cost of Sola Cola's retained earnings is 19.7%, calculate its beta. a. 1.1 b. 1.3 c. 1.5 d. 1.7 15Zybeck Corp. projects operating income of $4 million next year. The firm's income tax rate is 40%. Zybeck presently has 750,000 shares of common stock outstanding which have a market value of $10 per share, no preferred stock, and no debt. The firm is considering two alternatives to finance a new product: (a) the issuance of $6 million of 10% bonds, or (b) the issuance of 60,000 new shares of common stock. If Zybeck issues common stock this year, what will projected EPS be next year? a. $2.10 b. $2.96 c. $2.33 d. $1.67 16In the event that Zoldt Corporation, which has a low P/E ratio, were to acquire Sky Corporation, which has a higher P/E ratio, an analyst can be certain that one of the following will occur. a. Zoldt Corp. will see an immediate decrease in P/E. b. Zoldt Corp. will see an immediate decrease in EPS. c. Zoldt Corp. will see an immediate increase in the growth rate of EPS. d. Zoldt Corp. will see an immediate increase in EPS. 17Assume that an investor owned 5,000 of Chrysler Corporation common stock prior to the purchase of Chrysler by Daimler-Benz of Germany. At the time of the acquisition, the dollar was worth 1.7848 German marks. Further assume that the purchase price was equal to 107.09 marks per share. What was the sales price of Chrysler common stock per share in U.S. dollars? a. $50 b. $191 c. $107 d. $60 e. None of the above 18If a company's average collection period is higher than the industry average, then the company might be: a. Enforcing credit conditions upon its customers which are too stringent. b. Allowing its customers too much time to pay their bills. c. Too tough in collecting its accounts. d. Too liquid. 19Kiosk Corp. has current assets of $4.5 million and current liabilities of $3.6 million. The current ratio is 1.25, and the quick ratio is 0.75. How much does Kiosk have invested in inventory (in millions)? a. $0.8 b. $1.8 c. $2.4 d. $2.9 e. $3.6 20A firm has a total asset turnover of 2, a net profit margin of 5%, and a debt ratio of 50%. If the firm has a dividend payout ratio of 20%, calculate its sustainable growth rate. a. 14% b. 16% c. 18% d. 20% 21If you have $20,000 in an account earning 8% annually, what constant amount could you withdraw each year and have nothing remaining at the end of five years? a. $3,525.62 b. $5,008.76 c. $3,408.88 d. $2,465.78 22A firm has a degree of combined leverage of 1.25. Price per unit is $15 and variable cost per unit is $5. Interest expense is $10,000 and fixed costs are $190,000. Calculate the quantity of output produced. a. 100,000 units b. 120,500 units c. 150,000 units d. 200,000 units 23A stock currently sells for $63 per share, and the required return on the stock is 10%. Assuming a growth rate of 5%, calculate the stock's last dividend paid. (Rounded) a. $1 b. $3 c. $5 d. $7 24An optimal capital structure is achieved: a. When a firm's expected profits are maximized. b. When a firm's expected EPS are maximized. c. When a firm's expected stock price is maximized. e. When a firm's break-even point is achieved. 25An investor in the 40% tax bracket owning a tax-exempt bond yielding 6% realizes an equivalent before-tax yield of: a. 12% b. 10% c. 8% d. 6%

Looking to buy & leaseback rehabilitation clinic/centre/practise in Scotland How do I go about finding one? I want to invest in property, Specifically I want to offer a Business opportunity to a Drugs,and/or Alcohol Rehab Clinic Centre Medical Practise Having cash flow and/or liquidity problems? I want buy premises and lease back to vendor. How do I find likely options?

Investing...? I have a question for anyone with sound advice to offer. My base income is $128K per year. I participate in my company's 401k savings plan to the tune of 11%. I don't qualify for a Roth IRA. Are there any other Pre-tax vehicles I can take advantage of? It seems that I am in this income area where options are few. I also recently sold a home, and profited by about 100K. The issue here is that unless I am willing to drive for an hour or more to the office and then an hour home in the evenings, I have to buy a new place in an undesirable area, or just rent. Am I headed for disaster by not being in the real estate market? Should I buy something I can afford, even if the neighborhood is iffy? I have zero debt by the way. No credit card debt. I do lease a car, but receive a car allowance from my company that covers the expense. HELP!!!

What can I do with my inherited farm? I dont want to lease it or sell it, I do not have enough experience to farm on my own as I am in early 20's and also have no capital to invest at present as I'm just outta college, but what options do I have, anyone who is experienced tell me please? Yes there is a house which I am living in. Land is good condition, half and half tillage and grazing. It is rented at the moment but I want to do something with it myself, farm buildings are in ok condition. It is located in midlands Ireland. I have no knowledge of what grants I could apply for...sorry for limited info earlier

please help!!personal finance!!I cannot afford to get any wrong!!!! giving away as many points as possible!!!! 1. Which of the following might not be an option for increasing your present income? (1 point) Quitting your job to find another Requesting a merit increase in pay Requesting a promotion Looking for a better job without quitting your old job 2. Which of the following is true about a merit increase in pay? (1 point) It is based only on how long you have been with the company. You have prove that you deserve it more than your coworkers. You might have to wait for a certain anniversary date to get it. You automatically receive merit raises every year. 3. Corporate structure may be defined as _____. (1 point) the way a corporate building is structured whether a company pays corporate taxes the method a company uses to pay its employees the way a business is organized 4. Your resume should include all of the following information EXCEPT (1 point) contact information. personal history. education background. qualifications. 5. The single best way to increase your income is to get an education. Why? (1 point) You automatically make more money if you are educated. You can obtain jobs that have higher starting salaries. You automatically get promotions if you are educated. You will automatically receive better benefits. 6. Which of the following will probably earn a higher level of income? (1 point) A female file clerk with a high school diploma and a year of college. a male file clerk with a high school diploma and a year of college. A male accountant with a Bachelor's degree. A female accountant with a Master's degree in business administration. 7. The term "educational attainment"means _________________. (1 point) you have earned a degree whatever education you have earned you are attending school to earn a degree you have earned the highest degree possible in your field 8. Which of the following is not a core module of accounting? (1 point) accounts receivable accounts payable debt collection purchase orders 9. What is a general ledger also known as? (1 point) a normal ledger an enumerated ledger a nominal ledger none of the above 10. Which of the following is not one of the three types of business arrangements in the United States? (1 point) sole proprietorship partnership corporation sole partnership 11. With a sole proprietorship, who pays the taxes? (1 point) the shareholders the company the owner both the shareholders and the owner 12. Which one of the following would not be considered an advantage of a sole proprietorship? (1 point) Decisions can be made quickly without having to consult others. A proprietor is also responsible for his or her own health insurance. There are no legal formalities if the business dissolves. All of the profits from the business go right to the owner. 13. What can a proprietor do to minimize personal risk and liability? (1 point) change his/her name form a limited liability proprietorship form a limited liability partnership form a limited liability company 14. Why are partnerships often favored over corporations? (1 point) They have more power. A partnership structure eliminates the dividend tax levied upon profits realized by the owners. They are more successful. none of the above 15. Why are partnerships often favored over corporations? (1 point) A partnership structure eliminates the dividend tax levied upon profits. They are more successful. They have more power. none of the above 16. What are the two types of partnerships? (1 point) limited and general limited and sole general and private private and limited 17. Which of the following would not be considered an advantage of a partnership? (1 point) A partnership usually involves low start-up costs. Each general partner is deemed the agent of the partnership. It's easy to form a partnership. You can share the responsibilities with your partners. 18. As a generic legal term, __________ means any group of persons with a legal entity. (1 point) partnership business corporation proprietorship 19. Who regulates a corporation? (1 point) the bondholders the government of the state, province, or national government with which it is registered the corporation's founders the corporation's union 20. Which of the following is not a legal characteristic of a corporation? (1 point) transferable shares perpetual life legal protection from lawsuits limited liability 21. When claiming dependents, they must meet the following criteria EXCEPT: (1 point) the dependent must be a relative. the dependent must reside with you. the dependent must be under nineteen years of age unless he or she is a full-time student. the dependent was unable to provide over half of his or her support for the year. 22. If you opt to put money in a medical flexible spending account rather than trying to amass enough medical expenses to itemize on your tax return, you are taking advantage of ___________________. (1 point) an exclusion a credit a deduction withholding 23. A form of taxation in which everyone pays an equal rate of taxes is called a _____________. (1 point) progressive tax regressive tax net tax flat tax 24. A form of taxation in which the highest income earner pays the largest percentage of taxes is called a (1 point) progressive tax regressive tax flat tax net tax 25. A form of taxation in which the lowest income earners pay the largest percentage of taxes is called a ___________________. (1 point) progressive tax regressive tax flat tax net tax 26. Which of the following best defines health insurance? (1 point) An annual contract between an insurance company and an individual a type of insurance that protects your personal property if you are unable to pay your bills. a type of insurance whereby the insurer pays the medical costs of the insured a type of insurance that assists your loved ones in the event of your death 27. Which of the following illustrates the main difference between Medicare and Medicaid? (1 point) Medicare helps to insure the elderly, while Medicaid focuses on low-income individuals and families. Medicaid helps to insure the elderly, while Medicaid insures low-income earners. Medicaid helps to replace lost income for the poor. Medicare is available only to those over the age of 65. 28. What is life insurance? (1 point) Health insurance that covers you for the rest of your life Insurance that supplements your income if your life is threatened Insurance that assists your loved ones with income in the event of your death Insurance that protects you in the event of an unexpected illness or accident that prevents you from working 29. Which of the following statements is not true about HMO insurance? (1 point) It is a managed health care system. In an HMO you can choose your own primary care physician (PCP), but specialists must be referred by the PCP. In an HMO , you are assigned a primary care physician. The letters stand for Health Maintenance Organization. 30. Which of the following might be considered positive aspects of HMOs. (1 point) Free choice of primary care physician Care from non-HMO provider not covered Out-of-pocket expenses are usually low Easy to receive specialized care 31. Which of the following might be considered a negative aspect of HMOs? (1 point) Out-of-pocket expenses are usually high. Not easy to receive specialized care HMOs focus on preventative care Free choice of primary care physician 32. On average, compared to a person with good credit a person with poor credit will pay __________ for insurance. (1 point) 5% to 10% more 10% to 15% more 20% to 50% more 55% to 70% more 33. How long does it take to rebuild your credit history? (1 point) 7 years 8 years 9 years 30 years 34. Secured debt means a lender gives you money in exchange for what? (1 point) collateral credit report principal interest 35. When an asset, such as a car, decreases in value over time what is it called? (1 point) depreciation financing equity leasing 36. If you miss one payment on a credit card, what's generally the penalty? (1 point) a late payment fee a higher interest rate a lower available credit line a negative notation on your credit report 37. If you miss two payments on a credit card, what's generally the penalty? (1 point) a late payment fee and a lower available credit line a higher interest rate and a late payment fee a late payment fee a negative notation on your credit report 38. What are expenses that do not change called? (1 point) stable costs fixed costs variable costs known costs 39. What is the margin of safety? (1 point) How much sales can fall before a business starts making less than 5% profit How much sales can fall before a business makes less than 15% profit How much sales can fall before a business starts taking a loss none of the above 40. The two components of ______________ are variable and fixed costs. (1 point) entire cost required cost complete cost total cost 41. What are expenses that change as conditions change? (1 point) changing costs fixed costs moderate costs variable costs 42. What can be the best type of safety net in hard times? (1 point) Gambling Mortgage Rental property None of the above 43. Real estate is considered a(n) _____ investment. (1 point) illiquid liquid sure partially–liquid 44. Individual mortgage interest rates are generally determined by what? (1 point) The economy The individual's credit score The property value The state the property is located in 45. What is PMI? (1 point) Personal mortgage issuance Personal mortgage investment Personal mortgage insurance Personal mortgage interest 46. Why is investing in gold beneficial? (1 point) It is easy to mine. It is considered a stable investment. Gold is more expensive than stocks. The value of hold is subject to inflation. 47. What is an entrepreneur? (1 point) a sole proprietorship a corporation one who opens a new business a bank that loans money 48. Which of the following is the best definition of probable operating costs? (1 point) Amount of money required to start a business Amount of money required to market a business Amount of money required to purchase business equipment Amount of money required to keep a business running 49. Which of the following is a start–up cost associated with opening a business? (1 point) Equipment Legal fees/licensing Insurance All of the above 50. Which of the following is an example of an unsecured bank loan? (1 point) Credit card debt Bank overdrafts Corporate bonds All of the above

Looking to buy & leaseback rehabilitation clinic/centre/practise in Scotland How do I go about finding one? I want to invest in property, Specifically I want to offer a Business opportunity to a Drugs,and/or Alcohol Rehab Clinic Centre Medical Practise Having cash flow and/or liquidity problems? I want buy premises and lease back to vendor. How do I find likely options?

Selling my house within 2 years, I took a job 850 miles away. What are my tax options? I took a job about 850 miles away from the house I bought and I only got to live in the house for 12 months. I tried to sell with no bites so I leased it to some friends for the past 3 months who now made an offer out of the blue. I bought the house in Nov. 07 and moved out of state in Dec. 08. I hear some nasty things about taxes within a 2 year period. I heard we should reinvest it however, the job that i currently have is only going to be around for 2-3 years. I thought about buying a motorhome/rv and making that my primary residence until I get settled but, will that count as re-investing? Any advice????? Thanks Yes there is a difference. We bought it for 130k and completely remolded it about 40k into it. I got an offer for 180k, I don't mind paying on 10k but, I'm hearing that since the 40k was more than 90 days ago that we can't claim that and we have to pay taxes on the entire 50k or whats left after closing. That seems highly unfair seeing that I did not expect to take a job somewhere's else. Now in order to avoid getting cleaned out, I need to buy a rental?? While I am renting myself??? That seems messed up to me.

I am a female opening a business. i dont have enough credit for regular loan options. Please help..any advice? I have already invested over $20,000 of my own money. I have a signed lease and the my building is under going renovations right now. The business will be a dance and music school .We have come along way already and we were almost ready to open when the city hall told us that we needed additional renovations to bring our building up to code...thus the need for additional funding. Can anyone help or point me in the right direction?

I started a call center along with a partner? The partner had the office space and invested Rs. 50000 towards the necessary technology. Now I was the working partner and I had necessary processes, all I needed was a financier, towards the end of the first month I noticed that the office lacked facilities like Rest rooms, people had to use the common rest rooms found in Housing complexes where most of the shop keepers and the security guards go. Nor did it have facility for food and beverages so people started leaving and I noticed that people did not stick for more than a day even and I was always under staffed. My partner told me that he will not be able to take care of the salary and I need to ensure that there is no problem. I some how made enough money to pay the remaining employees. The second month I started looking for Investors and affordable centers which I could lease, during which I came across a Domestic(Indian) process. I called my previous employer who used to lease out space to run US processes mainly and he said that he will be more than happy to work with me on the process and assured that he would make sure that everything will be done at the lowest cost and both of us will make money after expenses. Second day after signing the contract, this boss of mine tells me that his(infra) expense is Rs 1000 per agent per day, which mean for 10 agents to dial for 21 days the cost will be 210000 so if I add salaries for 10 agents average salary being Rs. 9000, the total expense will be and the whole contract was to complete 3000 surveys each qualified survey fetching Rs. 70 i.e Rs. 210000 and this X boss of mine had committed to me that he will add 20 more people in the last week so that we make sure that we complete the order. Now nothing made sense and he said he did not calculate it like that and told me that I can confirm with the owner of the center where he is leasing out from, so I did and they guy confirmed that MY X boss only has to pay for the Voip minutes used which will be way less, so I told this to him and I guess he did not like the fact that I called his bluff or something, so the next day, it so turned out that my x boss tell me that he is out of it, doesnt need no profits share and that I can deal directly with the Owner and that he committed the owner that I will pay his advance 20000 and rest 13 with in a week. Now I had no cash reserve to start with, so I contacted all my resources to lend me the money so that I can pay it back when the clients order is completed and my partners brother in law arranged cash from his friend and I was able to continue work, but with no 20 extra people coming, I fell short and hardly made anything and to make things worse, client rejected majority of the Surveys. Thus facing a situation where I have employees (who were told that it is a performance based job and appointment letter would be given after successful completion of the first order). Now I am broke and owe a ton of money to people and my partner(whom I borrowed 20k as salary advance from the 30k decided for each partner) is asking for the 20 k and the brother in law who had to borrow money from a local financier to pay his friend off is asking for the money ASAP and wont hear a word about waiting for my next pay check(Oh yea the business had to be shut down as I was the only one active and stuff got really messed up. Now I just started working to pay every one off). WHAT ARE MY OPTIONS?? Well thanks to the both of you for taking the time to reply. I have started working to save and to pay off the debts, but my partner and his brother inlaw are haunting me. They are frequently asking me for the money and they want it NOW! I explained my situation and also stated that they were well aware of my financial situation when we first met. They do not seem to be considering that at all. Now what?

Commercial Real Estate (NNN leased proeprty) Investment advice? Hello. I am considering investing in a retail property that is NNN leased to a very solid national tenant (7-11). This would be my first commercial real estate investment and wanted to obtain some advice. 1) The property is leased for 10 years with 3 5-year renewal options. Rent escalation are 10% every five years with current cap rate of 6.5%. Is this a reasonable price for a NNN property? 2) In looking at my returns, what should I assume as my interest rate and closing costs. I'm assuming a interest rate of 6.5% - is this reasonable? I have excellent credit and am willing to put 20-25% down. 3) What other initial costs might I incur? I'm thinking maybe attorney fees to review the current lease and the cost of setting up a corp or llc. Am I overlooking anything? 4) What other costs might I incur on an ongoing basis? I've just thought about attorney and accounting fees - am I missing anything? 5) Any other gotchas or things I should be aware of? Thanks for your help.

Can you help me with this university Finance Question? PV FV etc...? 9. Chris wants to buy a new car, a Volkswagen Jetta (because it comes nicely equipped for under $25,000). Assume the purchase price is indeed $25,000 +PST +GST, and assume that Chris needs no downpayment. Volkswagen offers a finance rate of 3.9% for a 60 month term. Alternatively, you can lease the car for a monthly rate of $399 (including all taxes). (a) What is your monthly payment for the financing option? (b) Assuming Chris keeps the terms of the lease (w.r.t. milage etc.) and keeps the car in good condition, so that there will be no extra costs at the end of his term. Further, assume that over these 60 months he can invest at the rate of 2.6%. How much does Chris’s car have to be worth in 60 months time so that it is better for him to have bought the car instead of leasing it? ---------------------- Please note, PST + GST are taxes and together amount to 14%. Please help me.

Hi, I would like to buy a 22m long liner fishing boat to ply in Indian waters budget of $75000 is it possibl ? I am seriously looking to buy an economical long liner of about 20 m 50 T which would catch deep sea fishis along coast of India and Colombo. I have a budget of $75000. Is it possible to buy a ship at that rate ? what about buying old ships & what are the complications in getting leased ships ? Also after buying leave it to some management company so that they would manage the ships. So can any one throw light on this issue since I am very much new to the marine field. Also I have specific doubts like how to maintain the ship (or) who will if I leave it to a management company, whether it will be the company or me. also about the crewing and about the type of contract and the economy that is the return over the invest ment that I may put. I greatly appreciate any answer I searched deep into net and couldnt find any answer & am seriously looking into investment option to make my future. thanks

Mortgage obligation/rights to deed with boyfriend/girlfriend on VA loan? Hi, My boyfriend and I have decided to purchase a home together. We are both residents of the state of Wyoming. There was a program put out a few weeks ago that had a 2.5% interest rate, but the income cap was 63K/year, and with both of our incomes, that put us over the limit. Also, we wanted to use his VA eligibility, but the VA would not let me on the mortgage because I am not his spouse and do not have VA rights of my own. We made the decision to get the Spirit of Wyoming! loan program and use the VA loan to save the extra interest and not have a down-payment required. Now, we're in a bit of a dilemma ~ My stance: I am 100% okay with being financially obligated to the house. Originally, we had planned to mortgage the house together, and the only reason we did not was because we saved thousands using the special Wyoming program (About 15K the first five years alone!)and the VA loan. I have said, however, that since I am paying equally into the mortgage, I want to make sure that I have rights to the property, rights to the equity if/when we re-sell the house. We're talking about a lot of money, here, and I don't want to have some unforeseen falling out (I don't anticipate it, but you never know), and then have to walk away with nothing, and have invested years into this property and have no return. If I wanted to just throw my money away and invest for someone else's benefit, I'd rent. His stance: He is hesitant to put me on the deed after closing because he does not want me to be able to have 50% claim to the house if it is sold but no real legal financial obligation to the property since I am not on the mortgage. I have offered to sign a lease, but a lease is not the same as the 30-year obligation he is tied to with the mortgage. Again, he doesn't see us breaking up, but with this kind of money on the line, I think we would both sleep easier knowing there were safeguards in place. So ~ Does anyone have a solution to how I can have rights to the property, and he can have the assurance that I am going to be held accountable for paying my share of things? I know it's no big deal to put me on the title, but we have no idea how or what kind of papers to get drawn up to say that I will be financially liable. The only option I would see would be to re-finance, but I'm NOT loosing this amazing mortgage rate. There were only a limited # of mortgages available through this program, and we were very lucky to get one of them (there were roughly 100 mortgages available at this rate and they were practically gone by the end of week 2 of the program being started). The big problem is that it's a VA loan, and I know they get weird about renting or having an agreement that entitles me to equity since that would be like 'selling' the VA loan to a non-veteran. Help!!! ~ Per the VA website, you can add a name to the deed. ~ Per the VA website, you can rent out a VA mortgaged property.

Present Value Question / Finite Mathematics? The state of alaska negotiated a multiple award term contracts for the purchase and lease purchase of copiers for state agencies. among the options a state office can ;ease a copier with a high maintenance contract for 36moths at 482.28 per month. The state office can also purchase the same copier outright with the same 36 month contract fro 16140. If the state office can invest money 5.4% compounded monthly which alternative is preferable? I just need help doing the setup (PV/FV formula )i know the answer, thanks ahead of time?

Finite Mathematics/Annuity question? The state of alaska negotiated a multiple award term contracts for the purchase and lease purchase of copiers for state agencies. among the options a state office can ;ease a copier with a high maintenance contract for 36moths at 482.28 per month. The state office can also purchase the same copier outright with the same 36 month contract fro 16140. If the state office can invest money 5.4% compounded monthly which alternative is preferable? I just need help doing the setup (PV/FV formula )i know the answer, thanks ahead of time?