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Can you use the money made on an investment property to refinance your primary property into an investment property?
Wiki User
∙ 13y ago
You can spend your profit from your investment property any way you wish as long as you make your mortgage payments. If you want to refinance then you need to speak with your lender.
You can spend your profit from your investment property any way you wish as long as you make your mortgage payments. If you want to refinance then you need to speak with your lender.
You can spend your profit from your investment property any way you wish as long as you make your mortgage payments. If you want to refinance then you need to speak with your lender.
You can spend your profit from your investment property any way you wish as long as you make your mortgage payments. If you want to refinance then you need to speak with your lender.
Wiki User
∙ 13y ago
Wiki User
∙ 13y agoYou can spend your profit from your investment property any way you wish as long as you make your mortgage payments. If you want to refinance then you need to speak with your lender.
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Can a spouse refinance a sole and separate property in a community property state?
You can refinance your property if a bank agrees to refinance your property. If they find out you are separated, they could choose not to lend you more money.
Should you refinance your home so that you can pay off debt and build a pool?
a swimming pool is not an investment, you rarely get your money back out of it if you decide to sell your property.
Can you subdivide land if you owe money on it?
Since the property has money owed on it the property cannot be divided without the lenders ok. It may be possible to refinance and divide with the help of an attorney.
What are the benefits to rental property investment?
A rental property can be a useful long-term investment. If someone is renting your property, you will be getting a sum of money every month just because you own the place.
Where can one obtain advice on Bulgarian investment property?
Someone can obtain advice on Bulgarian investment property by contacting an investment broker. These individuals are highly skilled in guiding people in the right direction in order to invest their money in the proper ways. One must be sure to find an property investment firm who specializes in Bulgarian investment properties, of course.
How do you get money for investment property?
Some investors will use their own money as capital to purchase investment property. Others will use hard money loans, which have high interest rates (hence their name). And yet others will use conventional loan methods. It just depends on the amount you are looking to borrow as well as your financial situation. If you are looking to purchase investment property, there are plenty of sites out there that offer access to listings.
Can you sell a property with a 1031 exchange and use the money to buy into a business rather than another investment property?
no, a 1031 exchange is only for going from property to property
How much money do UK property investment managers earn?
In the UK, property investment managers earn an annual salary of 47,964 GBP. This is equivalent to an annual salary of 76,596 US dollars.
How good is the property investment group?
The property investment group is good, but there are better options out there. You should invest your money in a 401k or retirement fund. Be sure not to roll over your 401k too early.
What is the difference between finance and investment?
An investment is to spend money to buy some permanent good, either for private use or to use as a tool to earn more money. The property you buy is also often called an investment. Finance is the way you get the money before you spend it. You can finance something by saving until you have gathered enough money, by borrowing money, by leasing, by selling some property you already have, and many other ways.
How To Secure Money For Investment Property?
Acquiring money for investment property is a sound way of supplementing one's income. You can acquire single family homes or apartment complexes for handsome profits. Getting money for these properties is not as difficult as you may believe. Getting funding from a private investor can help you purchase investment property with ease. Private investors can be found in real estate magazines. They also can be found with the help of a seasoned and reliable mortgage broker.
Why might one refinance a home loan or mortgage loan?
Someone might refinance a home or mortgage loan to take money off of the equity they have in the house in order to make improvements that will increase the value of the home. Another reason could be another investment that would make taking money out on the equity in the home worth it.
