I looked into refinancing my loan to take advantage of the low 4% rates currently available, but was told there would be no savings because FHA loans have increased their mortgage insurance premiums by nearly 100%...Are there lenders out there that do not require mortgage insurance?

Aside from that, premium domains are also great investments.

What is a reasonable premium to expect the bank to pay you to take it off their hands?

You could have a redevelopment play and change it's use and sell to a developer or keep it's current use and tear down and build new with a higher density.It depends on many factors.Areas such as your many are buying on appreciation driven markets and not cash flow.If you want cash flow and holding long term you might want to look at other areas.Even with the 50% guide if they are wanting a 4.5 cap and you negotiate down to a 6 cap.Then in an area with limited supply of apartments you can raise rents faster and increase the cap to a 7 or 8 rather quickly.This is what the REITS do to increase their bottom line buying in premium locations.

Six month old thread, I know, but if you are an iPad user, and have use for viewing and editing Microsoft Office documents (for free), you should check out cloudon.

Dawn I would say the rate is high because of this:"Bank will do the deal at 15% down and 10 year fixed 6.5%"Only 15% is being put down instead of 25 to 35% the typical bank is asking for.So they price potential of default and all the other factors with appraisals and equity spreads into the rate.For much larger down the investor on the loan will take a much lower rate if it is a premium property.Less risk-less return is almost tied to anything.You need to go back a few years at least.I like to go five to ten and see how much insurance and property taxes have risen for that property on an annual basis.If they have not risen and stayed flat or went down I find out why.Could be a mistake on the city or counties part and it's fixing to go up or could be a temporary assessment relief program etc.The point is if these sharply rise in the near future it can throw off your projected numbers.I would try to fight the property tax if comps support it and get the taxes lowered to increase your bottom line.Regardless of age if you mishandle a a property (even a new one) and get crap tenants in there your maintenance costs will be huge.I have seen the wrong tenants DESTROY and brand new looking apartment in a matter of months.They also created a bug problem for the other good paying tenants that kept their place clean.With my buildings I have it in the lease that we do unit inspections every few weeks and if they do not keep the place clean then we evict immediately.When tenants apply we find when we say this upfront it gets rid of the deadbeats wanting to live like slobs,have unauthorized pets,and have big parties that trash the place.When factoring repairs is this property local to where you live??

Can't really believe timing and dollars and drama is definitely added/edited in.

I broke down and got a new Keurig Platinum edition coffee maker....off of QVC no less.

In return, the buyer of the put pays you a premium of 75 cents a share.

To go further to increase your rent, do a weekly room rent instead of month room rent you would make more moneyso 600 per month will look like 150/wk but without any increase, you will make $600 more per year =>150/wk *52 weeks = 7800 vs 600/m * 12 = 7200 But you increase the turnaround rate as someone might windup after 3 weeks and you are short the 4th so you always tell them to give 2 weeks notice and you jack the price up from 150 to 180 or so...Inc Income Idea #3Find lower credit guys and tell them you can work with them if they give extra deposit 2 months instead of 1 month and because they have such a bad credit you charge a premium to compensate the risk.But with all this you introduce more risk and uncertainty leading to more prop management headaches.