Buying “as is” , dont I need an appraisal?

MsMascara asked: i have questions about assuming a real estate loan and repo procedure. Who can I contact?Caffeinated Content

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also will a standard appraisal be acceptable to irsBy: moonageAbout the Author: Caffeinated Content

Continue reading about for estate tax purposes how do figure value of real estate with mortgages on the properties?

Stanley B asked: http://organicmarketbag.com

Continue reading about I am considering changing jobs and was thinking about taking an estimated $100,000 out of my 401K and investing it into additional real estate. I presently have 3 income properties, two of which are free and clear but need about $20,000 in improvements and the other is occopied with an appraisal of $36,000 and an equity loan balance of $4,000. In my targeted area, I can possible purchase two additional income properties and because I am a licenced contractor and doing all the work myself , I figure i’m saving money on the improvements. I understand the penalties of cashing out my 401 K but also think there are some advantages to investing the money in real estate. I think I can increase my assets while making some additional money by using the money in my 401 k instead of trying to borrow from a bank. Any advice on the advantages or disadvantages

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asked: Appraiser Saint Pete

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