Welcome to “Ask Stacy,” a brand new video characteristic on Cash Talks Information. Most weekdays, I’ll reply a cash query despatched in by a reader or viewer. (Discover ways to ship in a query of your personal under.)
Immediately’s query is about shopping for fixer-upper homes. It’s a tempting method to purchase extra home than you possibly can in any other case afford, and maybe earn “sweat fairness” by fixing it up and finally making it value extra.
Right here’s what I feel.
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The questions I’m likeliest to reply are these that may curiosity different readers. In different phrases, don’t ask for super-specific recommendation that applies solely to you. And if I don’t get to your query, promise to not hate me. I do my greatest, however I get much more questions than I’ve time to reply.
I based Cash Talks Information in 1991. I’m a CPA, and have additionally earned licenses in shares, commodities, choices principal, mutual funds, life insurance coverage, securities supervisor and actual property.
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