Welcome to massreia.com where we live hassle free real estate investing. Each week we list information on investing in real estate in Worcester, MA. There are many more opportunities right now to invest in real estate since prices have come down on single family homes. Combined with low mortgage rates today which lowers the carrying cost for many properties
We have a list of properties for sale that are great investment properties with positive cash flow. As a real estate investor I have been involved in over $20 million in real estate transactions on apartments buildings, retail spaces and single family homes.
The best thing to do is negotiate for the best deal on a property and the best mortgage rate you can get. Therefore you need to be prepared to negotiate with both the seller and the financier. Be sure to ask whether for lower mortgage rates than current mortgage rates available today.
You need to also ask whether the current mortgage rates quoted are fixed or adjustable. You need to get the information, which is important to get from each mortgagee lender. Ask about today’s mortgage rates, each mortgagee financer for a list of its current mortgage interest rates for both fixed mortgage loans and adjustable mortgage loans.