Open Question: Equity Loan?

I would like to work as a private investigator from home, taking on small cases of finding lost friends or that sort of thing. I've got a full-time job so I'm only looking to do this on my own and I don't want to work for a company.

Could someone tell me what I can do to become a PI? Is it possible to work from your home or do you have to work for a pi firm first? I've always loved the challenge so I think it would be a good hobby for me and a interesting way of making additional income to pay off my student loans.

Do they have online companies that would allow me to search for people via the internet? I mean, do those online companies hire people?

Open Question: Should I foreclose?

I own a 1 bedroom condo in CA , bought for $380, neighbors units are selling for $320. I had a 2year fixed intrest only loan, talked to mortgage company after the 2 years & my payment went up an additional $400 a month. I'm struggling to make my payments & am wondering if I should foreclose. I know the market won't pick back up for a while & 1 bedrooms don't gain much equity. Can't get a roommate since it is 1 bedroom. I know my credit will be ruined for 7 years but I could be saving a lot more money during that 7 years & the property would not gain much equity if any. If I foreclose, could the bank come after my car or personal belongings? Will the bank make me pay the difference of the loan vs. what the home sold for? How long would I have to pay the difference & I definitely can't pay the difference. If I sold the home, what would happen to the amount I still on on the loan? I'm looking for real answers from CA. Thank you very much

Open Question: Equity Loan?

Need cash..I'm not sure if I get a Home Equity loan or refinance..I have a 5/2 ARM with 4.37 APR. 2 years left before the rate is adjusted. The value of the house gone up to 60K. Can you advise?

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