Taxes are so low in comparison to NY or any other markets.

If the new loan and the old 2nd meet certain criteria (basically the new loan being a rate and term refi of the 1st, the 2nd being fairly small, closing costs being low) then the 2nd could be automatically subordinated to the new 1st, regardless of the sequence they were recorded.

We’ll make some other assumptions in order to keep this as close to an apples-to-apples comparison, too: You don’t have to invest a dime of your own moneyYou paid the same amount the REITs didVacancy Rate stays static at 15%You hire a property manager at 11%Repairs and maintenance are a very reasonable 7%Capex is about 8% since the homes are reasonably newYour mortgage rate on a 30-year fixed is 4.138% (more on why I picked that number in a bit)No PMI (no particular reason--I just like you)The numbers should look roughly like this:As you can see, you’re going to have to come up with a bit of cash each year, if you want to own them outright in 30 years. 

good afternoondoes anyone currently have homeowners insurance for a 4 family property and if so who is the agent and or the insurance company. i have a 4 family in north new jersey and want to find an agent / insurance company for cost comparisons. appreciate any feedback or help from anyone.thanks and have a good weekend

I like the idea of Fourplexes in MN or most of the Midwest even with the bad weather as my comparison.

Obviously you may be right, and I will have to check with a foreclosure attorney before going any further.I don't know enough about HML to make an educated comparison. 

This may be a silly comparison, but I found it helpful.The second section shows the numbers if we were to live in a purchased property.

The subdivide you are requesting is easy by comparison to what you may think. 

I would not consider the Fannie/Freddie allowables an apples to apples comparison of what a foreclosure costs.

. -100k repairs The sales agent said, the ARV would be 400k for this particular home... some comparison homes are alittle higher 450 to 550what do you suggest the offer on this property should be?