I seen zillow has a new 'zestimate' feature that predicts what an REO is 'Probably going to sell for' before it even gets listed!

What is the instrument that binds you,such as your operating agreement or partnership agreement or subscription documents say about redemption?

Actually the consensus coming from the financial markets is that mortgage rates can go as high as 6% (with most analyst predicting 5.5% by year's end).http://www.forbes.com/sites/billconerly/2013/05/29/interest-rate-forecast-2013-2014/http://www.businessweek.com/articles/2013-02-01/how-high-will-mortgage-rates-gohttp://www.forecast-chart.com/year-mortgage-30.htmlhttp://www.marketwatch.com/story/mortgage-rates-wont-derail-2014-housing-market-2013-12-27etc....Hope this helps :)

Rehabbers usually like to find a property that has predictable restoration expense and when finished the comps will provide a profit for a quick flip.

I predict that one day they are either going to widen the road or a business is going to come through and try to buy me out.

I couldn't find anything in the area on Craigslist other than the apartments mentioned below & by padmapper.I've driven the neighborhood and there is a complete lack of "For Rent" signs out.So the deal is make/break on the monthly rent:- $800/month the deal is too thin, with predicted cash flow at $42/month, Cap rate at 11.5% and CoC of 3.1%- $950/month the deal is pretty solid with cash flow at $168/month, Cap rate 14.1%, and CoC of 12.4%Home details:-Home is owned by Fannie Mae.

Although, many on this site report positive outcomes.I could use a word of wisdom on how one proceeds with this venture without making predictable mistakes.I would greatly appreciate feedback on the proposed deal:Sale Price $980,00Price Per Unit $35,00Price Per Foot $41.26CAP Rate 7.1%GRM 4.86xBuilding Size 23,750 SFLot Size 43,124 s.f.Year Built 1969City Desoto TXGross Scheduled Income $201,424Other Income 703Total Scheduled Income 202,127Vacancy Cost (28,610)Gross Income 173,517Operating Expenses (103,682)Net Operating Income $69,836

I found one that lends at the following terms: Interest Rate: 5-year FHLB + 3.00%, floor or 5.95% Adjusts every 5 yearsNo cap on rate adjustment (Note: Seems scary)Maturity: 20 yearsRequire 30% down.No prepayment penaltyI am wondering if anyone knows what has been the historical 5-year FHLB rate and any predictions on what it might be in 5, 10, and 15 years since the rate adjusts every 5 years.The no cap on rate adjustments is the scary part, but I guess I could prepay the loan if the rate goes crazy high.Does this look like a good options to secure long term financing if I've hit my 10 Fannie Mae loans already?

Anyway, now you can probably better predict future costs to heat the place.

The investor who recorded a security instrument received his interest payments during the term of the loan at 12%.