Looking for opinions on owner financed mortgages.
The scenario: I rent a room in a house that is a real fixer-upper in a fantastic location. The lardlord is tired of being a landlord and I want to buy the house. He owns the house outright and has offered 0% interest owner financed loan. My understanding is that he wants the continued income without any of the responsibility. I am curious what the risks/ downsides would be to this offer.
Thanks

So what stonks are we buying?

Just checked all the assets and realized we're close to 1M€ net worth. Most of it is on the house, don't feel rich at all.

Any PAs that have another stream of income outside of their PA job? Like business/entrepreneurship or IT?

Currently 31 with 6.5 YOE and single . Should have NW of 250k by end of this year. (No significant assets in India). Considering this money all reminds invested I should have a decent nest egg for retirement. Have an LIC policy that will be worth arnd 50 lakhs when I surrender it (plan down payment for an apartment). Struggling to convince parents this should be enough for me to move back. They think I should move back when I have more financial security. What more should I plan for ?

What motivates you to start or keep up a side gig? Is it just having more income or a specific financial goal?

Is it safe to buy new home now with high interest rates ,high home prices and recession in near future?

Trying to figure out my net worth hope you guys can provide some insight. Do you include their home value into their net worth? Do you subtract the value of the home and what you owe on the mortgage?

Anybody have experience with PenFed for a VA loan? Came up in a search and their rates are extremely competitive. Any reason I shouldn't take the lowest bidder?

Guys ..
When will final settlement take place? What will be the components of it?

Specific question for fish based in the UK.
Could you let me know what your employer contributions to your company pension scheme are?
For instance, they contribute half of your contribution up to a maximum of 3%. Before any tax incentives etc.
Interested to see the variances, it seems to be substantial from what I've seen. If it changes with level/seniority, please make that clear as well so we can differentiate between companywide averages and individual circumstances / positioning.

I stopped contributing to my 401K for the last three months in order to pay off credit card debt. I am 28 and have about 68K in my 401K. Was this a smart decision? I want to get out of debt as quickly as possible and I have no student loans or car debt.

My firm doesn’t match my 401k — still worth opting in?

Hi all. I just received an offer for $130k and will be eligible for about 29,000 shares of stock options. The vesting schedule is 1 year and then quarterly thereafter.

Can someone explain what this means? I “will be eligible”. So, I have to buy the shares? Should I be asking at what price?

Newbie here. Please help!

Hello fishes, will be really insightful to understand cost of living in Doha for a single person. Rent + food and other expenses manageable at 8-10k QAR/ month?

I'm under contract for a new build in progress that won't be done until much later this year. I fully expect interest rates will be higher than what I originally estimated. I may or may not try to lock in a good rate early, but I'm planning on renting it out and this throws a bit if a wrench in my margins. I can take it financially, but wondering, If I absolutely needed to get out of buying it, what recourse do I have? Or could I go ahead, and refinance later (who knows rates at that time...)?

How much money have you lost? Misery loves company

Are there any trusted resources for information on cryptocurrency investing?

(I've written enough long-form marketing disguised as a news to know when it's happening to me.)

Hi all,
I’m currently working for a small technical consulting start-up firm. I make good money, have great benefits, and they seem very happy with the work I’m doing, so I know I could move up quickly. However, tech consulting is definitely not my dream job. I want to get into data analytics, and I have an offer from a big company to do just that. I’ve only been at my current company for about 8 months, but I don’t ever see myself loving this job. How do I know when it’s time to make a change?

EY does your HR act as if they are getting approvals when the hiring manager gave me hint that I’m a candidate already approved? It’s been like 2 weeks and the HR is very poor in response. Now I’m like will I even be approved? I don’t know why the HR is so slow.

Those of you who have left a firm, do you still keep in touch with any of your former supervisors, via email, happy hour, or otherwise? How long did you wait to re establish contact? I’m in a small market and worry about perception at my current firm. TIA

Hello Guys,
Need small advice,
I had my LWD on 27th june ,before a week of that i had HSbC last round in which I clearly told I wanted to join by 4th july as my next joining is due at that time.
HR agreed and told will fast track your bgv .
Now the problem is they released offer for 11thJuly saying will preponed in case bgv finished early.
Today I again got a mail for 18th july extension.

Am quite worried here now, as I already said no to other companies !should I try looking again.

Recently I underwent surgery ,do we have option to show unreimbursed amount which is not covered under insurance for tax exemption

I made a mistake starting SIP in a ULIP. Used to invest 7500 per month starting from November 2018. I have discontinued my premium payments since last year. That is when my fund was moved to an interim surrender state and now it earns 4% per annum interest.

After 5 years of lock-in that is November 2023, can i withdraw the entire amount at a time? (Of course after paying surrender charges)

any experienced hires (>1 YOE in LS consulting) looking for a referral to CV? happy to chat

Which cloud MasterCard use for big data?

Reminder that DC and several states have primaries today while protesters are still blocking buildings and streets. I wonder where the “voter suppression” crowd in the media is, or does that only apply to Republicans?

Our architect is micromanaging all the work before it goes to the dev team. This is slowing us down quite a bit. Any pieces of advice?

If I have a six year old and 150k in a 529, can I say I’m done?

Hello there!

help me open dm's

Thanks (:

Can anyone suggest nearby pg at coforge noida @Coforge

What are some good and reliable electricity and internet providers in Dallas ?

Can anybody tell me does BOSCH support buyout option? Should a candidate serve 3 months of notice period strictly?

Do you know a reasonable non-union, production designer or props people in the NYC/BK/ LI area?

Hello Guys

Is it okay to share offer letters that we have with other company recruiters? Aren't offer letters strict and confidential. Can we refuse to show the same or what can we do in these situations.

Is it common for HOA to ask you to prove your car registration is up to date?

What rates are people getting for condos? I’m thinking about selling my condo (I had 3.25%) but my realtor said that the rates are so high now that if I were to buy a similarly priced place, the monthly payment would be like $800 more. I’m bad at math, so I wanted to ask here to confirm this is accurate. Mortgage is around $700k

I would like to learn more about development and real estate. Can anyone recommend any books or courses that you think are informative. Eventually I would like to own a few apartment buildings, but I know there is a lot I need to learn 1st. Any advice appreciated. 

Would you pay an extra ~$100/month on top of existing monthly PITI for access to $65k in equity from your home? Want to use it for either A) down payment on new primary or B) net new investment property and see if that can fund the next primary

Looking to buy in the DMV suburbs (northern VA). Is this the wrong time for such a move? Beyond down payment, got about 6mo emergency fund and must tap into it for moving&house expenses like furniture

I went under contract last fall for a new build that will be done later this year. In the contract the seller/builder included a clause that gave them the ability to change the price without cause anytime before the house is complete. This past week they invoked that clause to increase the price by like 7%, supposedly due to material costs. I can either agree to the increase or they return my deposit. My question: is that type of clause even legal? (Cont)

Better mortgage vs. Rocket mortgage - anyone shopped with both and what swing your decision?

How did you decide where to live? Have a young family, working remote, and currently living in a city. Looking to move to the suburbs but a bit overwhelmed with the number of options. Also struggling since we don’t live close to family and don’t like the areas family members currently live in.

How did you get started with your personal investing in stocks? I am 26, F, have some money in savings, 401k, stocks and just started my own business albeit small. I’m extremely interested in real estate investing have been reading and listening to podcasts. Any advice?

Due to a family situation we are looking to move to a different state. Normally we would sell our current home and buy a new home in our new location. However, with todays prices and interest, will it make more sense to rent out our current home and rent a home ourselves vs. selling and buying immediately when we move? We are moving from Vegas to Sacramento and we are not sure how long we would stay in the new area. Thoughts?

First time home buyer and I have no idea what I can afford. Excellent credit. I know to get a preauthorization before looking but want to skim homes the meantime. Any good rule of thumb when searching?

If you living currently in a home and looking to buy another home but plan to put only 10% on the new home, can I pay the remaining 10% after selling my existing home in 1-2 months .. and get the PMI

Anyone take the WI Real Estate state exam? Any tips on what to study?

If u have a house under my name if i move it to an llc what happens? Do i refinance to prevent a due on sale clause?

How big is to big for an initial investment property. Theres a 20 SFH portfolio for sale by me for about a mil. Is this to big to start with initially? I'm less worried about the Financials (feel comfortable on that end) and more worried about the managerial aspect.

Hi all - any advice for a first time real estate investor looking to make their first purchase at the end of 2021.

I plan on saving $50K, for a $350-400K property in the Long Island, NY area for my first property. Does this sound reasonable? And does anyone have any experience & advice investing in the LI area?

Id like to rent it out for some positive cash flow that I can then start using to save for my 2nd property (sounds easy when I type it).

Thanks all for your input - stay safe!

Under contract to buy my first home - house hacking a triplex. Property has been leased by the same three tenants for the last 5+ yrs, rents haven’t been raised since they moved in. Market rents have risen 70-100% in the same timeframe. All seem like ideal tenants (retired and take great care of the units) but I’d like advice on how to approach the rent increase conversation. Rents don’t make/break my mortgage payment but I’m leaving a lot on the table if I don’t increase significantly.

Looking to buy a vacation home on the west coast not in a major city. West coast so it doesn’t take too long to get there. Could consider other areas, but don’t want to spend too much time traveling there. Budget is under $700k for 3 bedroom, at least 2k sqft. Any ideas?

Hi all, I’m in the north east metro area and due to the current RE market we decided to look into PA specifically Lancaster. Anyone in this market and have any thoughts on where it’s headed? We’re looking purchasing a single family property all cash at 110k that rents for $1100 a month. The last owner bought for 35k like 15 years ago 😩 but hoping buying and holding for a few years will give a equal or greater returns over the long run.