Financial Mole

Corina S asked: I own a few houses that I rent out and am wanting to sell them to investors. I am needing to know of websites where you can list these types of investment properties for sale. Any help would be appreciated. Thanks

The Bomb Diggity asked: I’m 28 years old, I make a little over 200K a year and i have over 300K in liquid cash in separate bank accounts. I don’t know what to invest in because the market is garbage. My goal is to have a million by the time I’m 35 and I hope [...]

TeChen H asked: Why some smart people knows the way about investment and he could make a lot of money, BUT still want to teach others how to invest?
For example, like some people play stock market. They willing to tell people what would be the trend of a stock or they would write a book [...]

Maci asked: I almost went into investment banking but opted to go to school for a more traditional profession instead. With the current downturn, I’m wondering about what might have been.
What is the employment outlook for I-bankers?

Kate asked: Is it different from a primary home? I am interested in an apartment building to purchase as an investment. What are the guidelines for downpayments on an investment property. Is it the same as a primary home? I have heard that it is not the 10-20% minimal [...]

rusrez1@sbcglobal.net asked: I am 17, and I want to open a Custodial Account for stock investment. Can my own bank account be used for this, or does it have to be my parent’s bank account , and then when I turn 18 they give me the earnings. How does it all work?

vargel asked: I am planning to buy an investment property. All my instincts say that it would be wise to form a compny for that. I am pre approved for a mortage but I have no clue how it works. My question is Mortgage company approved me not the new company that I am planning [...]

Tammy Tays asked: I’m looking at an old investment statement and was wondering if “Federally Taxable” means that is the amount owed to the IRS for that particular statement? I’m looking at a line that is listed under “source of income” first column is Federally taxable credit interest earned. The second column is [...]

socks asked: We own 2 investment properties that we are unable to sell and can no longer make the payments on. If we foreclose on them, what are the consequences? Can the bank come after us for the difference once it sells them? Can they come after our house? Will we [...]

Michael K asked: We have a large amount of equity in our current house.
We have no bills other than the mortgage on our current house.
Is a home equity loan to get to the 20% down payment and then a conventional loan on the investment property itself the best way to go?
Or is it [...]