Westchester & Bronx NY investment property real estate blog

Westchester & Bronx NY investment property real estate blog

FHA NEW GUIDELINE 2010

1.       Mortgage insurance premium (MIP) will be increased to build up capital reserves and bring back private lending , will go into effect April 5, 2010 new basis points to 2.25%
2.       New borrowers will now be required to have a minimum credit score of 580 to qualify for maximum financing. New borrowers with less [...]

Westchester NY Commercial Real Estate Bust – Is it next or is it already here?

Commercial real estate is currently under greatest stress since, 1990s. CRE prices have plunged by 35%. More declines prices expected in 2010, some CRE sector it might fall by another 30% from the present level.
Here some more information form Forbes.com
–Massive refinancing requirements. There is a large concentration of CRE debt maturities this year in [...]

Westchester Property Search

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Granite Springs Property [...]

Westchester Home Buyers Tax Credit

Basic Qualifications and Conditions
Q.  What are the basic eligibility requirements for a first-time home buyer?
To qualify as a first-time home buyer, you cannot have owned a home that was your principal residence in the three years prior to closing.
Q.  What are the basic eligibility requirements for repeat buyers?
To qualify as a “step up” or repeat [...]

Nepperhan Commercial property for sale, Westchester NY Commercial

Rummy Dhanoa | Keller Williams Realty Group | 914-438-8840

1462 Nepperhan Ave, Yonkers, NY

Rare opportunity, stress free building. Just collect rent and watch
your money grow.

Retail/Commercial

offered at $1,650,000

Year Built
2000

Sq Footage
6,210

Floors
3

Parking
Car garage

Lot Size
9,388 sqft

Maint
$0 per month

DESCRIPTION

Rare opportunity, [...]

Master Plan for Ashburton Ave (includes Milford gardens, low income housing) Yonkers, NY Homes.

Several Years, City of Yonkers helped developed southwest which was a completion of new residential, commercial, and public development projects and the creation of new businesses and thousands of new jobs. Now new project has unfolded which are the HOPE VI redevelopment of the Mulford Gardens public housing complex, the construction of the Father Pat [...]

Renewal program for Ashburton ave, Yonkers NY 10701

The new visions for ashburton have be storefront retail space for small business and have an upper level apartment with great views, and widening street. Which will allow traffic to flow before and create more parking for everyone, plus green space to form an attractive pedestrian walkway.  Ashurton will improve local residents and business, that [...]

Real Estate Investors, Method and Problems in Investing!!

When I first started as a real estate investor, I thought I should buy as many properties as I possible can. A property allows you to make money with out any limit, but there are only two methods that are commonly used.
Method 1) Buy and flip: Find a TLC / Handyman Special / or a [...]

If You Can’t Sell It, Why Not Rent Your Home?

The benefit to renting out instead of selling gives you the ability to ride out the market and not lose money on home. When home don’t  sell then you should take the option to rent  unless they have an unusual financial circumstance.  If you rental is not covering the expenses but  just a part of [...]

Why Invest in Real Estate !

More Millionaires have made their fortunes in real estate than in any other business. IRS, said 71 % of all Americans Declaring $1 million or more in income tax returns during past 50 years.
Investing in real estate is solid financial security or it can create generational wealth that would help immediate family. Investor who [...]

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