Buying a new, or nearly new property, even when at a 10% premium to the market, typically allows for higher rents to be achieved, provides for warranty transfer on items like appliances, roof, windows, and general construction, and prevents cap ex issues to impact annual ROI for the first 10-20 years.

Hi Josh, In this market, 80% cashout is possible, but lenders that offer it will charge a premium on the rate.

The owner's title policy premium, title search and closing services (collectively, "Owner's Policy and Charges") shall be paid, as set forth below.

I just got a premium renewal for 4 of the multis bundled together that went from $4000 last year to $9200 this year.

Wait on rates to return to 3-5% range the buy property at a premium.

Rent To Retirement had a few different insurance company recommendations to refer us to that we contacted to see who offered the best policy/premiums. 

This does not mean closed end loans are bad because there are pros and cons and the pros are fixed rate, terms, and certainty, but just know that this certainty comes at a premium. 

Plus all apartment complexes that rent to students offset the lack of tenants for 3 months during the summer by putting a premium on their rents.

Hello @Joseph None I wanted to ask about your experience if you paid for the premium version of affordablehousing.com.

Building Equity: Part of your rent can contribute to the eventual purchase, helping you accumulate equity.Cons: Risk of Losing Money: If you decide not to buy at the end of the lease, you might lose the option fee and any rent premiums.