Cash Flow Real Estate Investing

The Building – Part II: Fannie Mae Strikes Again

And I’m STILL waiting for the seller’s 2007 tax returns. In the mean time, I’ve been working on getting my financing squared away. What a nightmare this is turning into. Before I even finished negotiating the PA I interviewed six mortgage brokers and called around and talked to a couple of others. I settled on two, and began the process of getting a hold of the elusive “Commitment Letter”. Now from my residential experience this…

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Apartment Buildings

The Building – Part I

I know that this post is long overdue. As the next step in my Apartment Quest series I’ll tell you about the building that I’ve been “buying” since the middle of April. I had heard that this was a long process, and I had heard that it was filled with capital “D” Drama, and so far the experience and process has lived up to it’s billing. I finally hooked up with a great commercial real…

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Cash Flow Real Estate Investing

Private Investing Teleseminar Replay

********************************************* To hear the replay dial: Tel: (641) 715-3508 Code: 237869# ********************************************* Are you satisfied with the returns in your retirement accounts or other investment accounts? Would 8-12% returns, fixed and secured, make a difference? If that got your attention then we can work together. You see, the real estate market here in the Detroit Suburbs continues to be the hottest investment real estate market in the country. I closed on and rented my 8th…

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Cash Flow Real Estate Investing

Moody’s: Commercial real estate prices slipping

Interesting article in Forbes online today. I’ve seen some tightening up of commercial credit just in the last couple of months. Thanks to http://twitter.com/bob_sibdu for the heads up. Here is the article: Prices for commercial real estate slipped more than 2 percent in March as it became tougher to borrow money to buy property, Moody’s reported Monday. The Moody’s (nyse: MCO – news – people )/REAL Commercial Property Price Indices fell 2.3 percent in March from…

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