Archive for February 22nd, 2008

How to finance investment property with almost zero down?

Friday, February 22nd, 2008
Finance
Suresh P asked:


I own two condos one, I live the other I am renting out. Both dont have any equity yet. I already have 51% debt to income. I can still afford MXM 5K down including closing costs and tax prepayments. My interest is to buy foreclosures and sell after ~2 yrs. I am aiming at high end units that can currently be bought at ~200K but will apraise to ~350 in about 6mos. Is there a way to find finance in this situation.

Edward

Is FInance a bad major to go into with an inevitable recession?

Friday, February 22nd, 2008
Finance
Jeff asked:


I am currently stuck with what I want to do with my life. If i go into business, I will either major in Economics, Finance, or Accounting. Any suggestions based on salary, and job opportunities. Thanks.

Shannon