Brilliant Finance mind required to solve my dilema..?

Answers:0   |   LastUpdateAt:2012-11-03 10:07:02  

Question
Tomisha b
Asked at 2012-09-29 09:52:03
Just had to put my mother in a nursing home , home, she has two rental properties, and a small home , income from rent is equal to the rate of asylum . , Half resident is rented for small fee, and half is for when I visit . MedlinePlus The thing is that one of the rental properties , you need a new roof and updates. , And home resident also needs some roof repairs. MedlinePlus The savings account is nominal , and the houses are paid . MedlinePlus MedlinePlus How I can get the repairs done? , W / or cash. MedlinePlus Should I get a small loan or mortgage? , I'm not sure how I will pay rent barely covers themback as nursing homes share .. MedlinePlus MedlinePlus How I can make this work ?
Answer1CissyAnswered at 2012-11-03 10:06:13
Why don't you sell one or more of the homes to raise the money to repair the others? You said there is no mortgage so just sell them a little under market value as is. You should be able to get out of this with no problems if she owns 3 homes free and clear.
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