Investment Mortgage Guy

Fannie Mae offers very competitive financing on apartment buildings in the Minneapolis and St Paul area. Fannie offers 3year, 5year 7 year and 10 year balloons with 30 year amortizations at rates most local banks can’t compete with. Local banks are not normally set up to offer Fannie Mae  financing like they can in the residential [...]

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Rates for apartment building loans are seeing record lows. With vacancy rates in Minneapolis and St Paul approaching zero, banks are eager to help landlords put new financing on their properties.
Here are some same rates on September 22nd
FHA – 4.25%
Fannie Mae 5 year fixed – 3.75%, 7 year fixed 4.25% and 10 year fixed 4.75%.
Portfolio [...]

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This article below from Michael Cohn from Accounting Today  states that the IRS is going on the offense against the real estate investor. Make sure you are using a reputable accounting firm to prepare your taxes. We highly recommend Greg Nelson with Olsen-Theilen at 952-829-3402. You can find his info on the www.mnrealestateshow.com website.
….From: Accounting Today for [...]

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If you’re among the Americans expecting a tax refund this year, this 4-minute piece from NBC’s The Today Show may be helpful. It’s a talk about how to receive a refund and what to do with it.

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