property investing
Jimmy the Cricket asked:


As you can see the real estate market is cooling down…
What would you do if you have extra money, will you invest your money in a property or will you put your money somewhere else (mutual funds, ira, 401k etc)??

Alicia
property investment
Country Pilot asked:


With the real estate market in a rut, I want to buy one or more investment properties. I can take out a HELOC for about $50K for prime minus one. I would use this to put money down and then borrow the rest in an investment loan. However, I don’t want to open too big of a HELOC and restrict my ability to get an investment loan. What is the best strategy and were are some good guides to turn to in this area?

Gloria
property investment
Patricia P asked:


My husband and I are thinking of purchasing an investment property by way of using a home equity loan on our first home. Is this a smart thing to do? what are the down sides of it? We don’t have money of our own in the bank to do it, but it seems like a good time to take advantage of the changing real estate market.

Leslie