Monthly Archives: February 2011
Multifamily Income Property & Seller Financing Part 1
Have you considered seller financing when it comes to investing in multifamily income property? Here are some reasons buyers should consider seller financing. Higher Leverage You might want to leverage your investment more than bank lenders will allow you to. A … Continue reading
Posted in Financing, Investment, Mortgage
Tagged Closing, Leverage, Mortgage, Multifamily, Seller Financing, Terms
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Revere, MA Gross Rent Multipliers For Triple Deckers
Revere, MA Triple Deckers gross rent multipliers have been reasonable for the last 3 years after a 10 year run at unreasonable levels. Data in this post is based on information provided to and compiled by MLS Property Information Network, … Continue reading
Posted in Housing Market, Investment
Tagged Average Sale Price, Income Property, Investor, Multifamily, Rent Multiplier, Revere, Triple Decker
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Cost of FHA Mortgage Loans Will Rise
The cost of FHA Mortgage Loans will rise starting on April, 18, 2011. FHA will raise its premiums so that it can maintain sufficient capital reserves. What does that mean to you? If you take out a FHA loan, you … Continue reading
Medford, MA January 2011 Single Family & Condo Sales Report
The first numbers for Medford, MA in January 2011 are out. Data in this post is based on information provided to and compiled by MLS Property Information Network, Inc. Medford single family house sales ended January 2011 with 8 sales. … Continue reading
Posted in Housing Market, Medford, MA
Tagged Average Days on Market, Average Sale Price, Condo, Medford, Single Family
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