Question: Well, I tried to look it up on the web, and I couldn’t find anything one way or another. So at the moment, your assertion is simply that, an assertion without anything to back it up.
How about a cite?
the very first hit on my [...]

Question: Just don’t declare bankruptcy, like someone in real financial trouble might consider. If you declare bankruptcy, like some joker who lost everything to unforseen disaster or illness, you are putting yourself at the mercy of courts and banks (who make today’s bankruptcy laws). If you just walk away from [...]

Question: Dave Ramsey and others like him tell you to scrounge now so you can live it up later,
How does he feel abt school loans? Or mortgages? Pay as you go…. or borrow?
Answer: I don’t know about school loans. I assume a 529 [...]

Question: Hello…
I am looking to secure a mortgage loan for an investment property, but am having several problems.
First of all is my past credit. I have a credit score of about 540, due to late payments and charge-offs in the past. Never having had any personal finance courses or teaching, I fell [...]

Question: I recently sold my principal residence and purchased a new principal. Due to the sale of my first home, I now have about $35k equity in my new principal and about $10k to $15k cash ready to be invested. I’m planning to invest in my first rental property and I want some feedback [...]

Question: I am currently shopping for mortgage loan amounts. My current salary is $40k/yr (gross $3333.33/month) and my only debts are vehicle payments ($550.13 and $242.06 = $792.19). My problem is that lenders are only wanting to loan around $75k. In my area, this will barely [...]

Question: An individual person who acts as an associate for either a licensed mortgage broker business or any lender licensed under Chapter 494, F.S. A licensed mortgage broker is authorized to solicit mortgage loans on behalf of a borrower, to accept an application, and to negotiate terms and conditions of a [...]

Question: I am in the process of purchasing a house. Nearly all of the FHA loan work is complete except the closing. Also, I want to consolidate about $12,000 in credit card debt sometime in the near future.
My question is this: If I chose [...]

Question: i might buy 2nd home from builder KBHome.
my questions are these:
1. does a home builder reserve the right to force me deal with a lender of their choosing vs. one of my own? can i go to a lender, secure a loan, and walk up to KBHome and say “sell me the house [...]

Question: I’m interested in buying a property (for rent as investment) in Florida – value $150-200k. I live in Europe – Poland. I’m ready to put some down payment but would like to leverage on the investment as much as possible with loan. I [...]