When it comes time to purchase a home, most homebuyers fail to consider the path of purchasing a multi-family. Whether this is due to the belief that they can't afford it, that they can't compete with seasoned investors, or something else altogether, most people don't give the matter much thought. By doing so, they are missing out on a unique and profitable opportunity. With current FHA 203k lending...
by Matt Kastner In a last minute move by Congress, the $8,000 Homebuyer Tax Credit program has been extended yet again. This extension will drag the program out until September 30, 2010. There is a catch though. It only applies to people who had buildings under contract on April 30, 2010. Originally set to expire June 30, 2010, this extension is for those people that have not yet been able to close on contracts after...
by Matt Kastner The grass is always greener, right? When you hear so many stories about people making a killing on real estate, it can be hard not to feel a little envious. There is no doubt that real estate can be very profitable, just don't fool yourself into to thinking that it is easy money. It isn't. When it comes to real estate investing, it takes a lot of work to be successful, and not everybody is cut out...
by Matt Kastner Dealing primarily with the foreclosure market in the past two years, lately I have been involved in many Fannie Mae transactions as both a buyer's agent and a buyer. Unfortunately, although they are often some of the best deals on the market, that fact might be changing. If you are a real estate investor, Fannie has now stacked the deck against you....
by Matt Kastner