Real Estate Investing Verbiage 101 (Learn The Lingo)

September 28, 2017 in Investor Resources

It always amazes me when someone approach me about real estate investing and wholesaling particularly. They also embellish their level of education and action. This post is not your typical post. I want to educate those getting started by reviewing some of the essential acronyms real estate investors use. Here is real estate investing verbiage 101 (Learn the Lingo)

Acronyms

  • AFD – Agreement For Deed
  • AITD – All Inclusive Trust Deed
  • APR – Annual Percentage Rate
  • ARM – Adjustable Rate Mortgage
  • ARV – After-Repaired Value
  • BOA – Bank of America
  • BOM – Back On Market
  • BOR – Board of Realtors
  • BPO – Broker’s Price Opinion
  • CAP – Capitalization
  • CCIM – Certified Commercial Investment Member
  • CCR – Conditions, Covenants, and Restrictions
  • CFD – Contract for Deed
  • CLTV – Combined Loan To Value
  • CMA – Comparative Market Analysis
  • COCR – Cash on Cash Return
  • COF – Cost of Funds
  • COO – Certificate of Occupancy
  • CRB – Certified Residential Broker
  • CRE – Creative Real Estate
  • CRS – Certified Residential Specialist
  • DBA – Doing Business As
  • DCR – Debt Coverage Ratio
  • DOS – Due On Sale Clause
  • DOT – Deed of Trust
  • DSCR – Debt Service Coverage Ratio
  • FCRA – Fair Credit Reporting Act
  • FFE – Furniture, Fixture, and Equipment
  • FMR – Fair Market Rent
  • FMV – Fair Market Value
  • FRBO – For Rent by Owner
  • FSBO – For Sale by Owner
  • GRM – Gross Rent Multiplier
  • HELOC – Home Equity Line of Credit
  • HML – Hard Money Lender
  • HOA – Homeowners Association
  • HUD – Housing and Urban Development
  • HVAC – Heating, Ventilation and Air Conditioning
  • IRA – Individual Retirement Account
  • IRC – Internal Revenue Code
  • IRR – Internal Rate of Return
  • IRS – Internal Revenue Service
  • JV – Joint Venture
  • L/O – Lease Option
  • L/P – Lease Purchase
  • L/S – Landlord Seller
  • LIBOR – London Interbank Offering Rate
  • LLC – Limited Liability Company
  • LOC – Line of Credit
  • LOI – Letter of Intent
  • LP – Limited Partnership
  • LPOA – Limited Power of Attorney
  • LTV – Loan to Value
  • MAI – Member Appraisal Institute
  • MAO – Maximum Allowable Offer
  • MIP – Mortgage Insurance Premium
  • MLS – Multiple Listing Service
  • MUD – Municipal Utility District
  • NAR – National Association of Realtors
  • NDNC – Non-Disclosure Non-Compete Clause
  • NIV – No Income Verification
  • NNN – Triple Net Lease
  • NOD – Notice of Default
  • NOI – Net Operating Income
  • NOO – Non-Owner Occupant
  • O/F – Owner Finance
  • OO – Owner Occupant
  • P&S – Purchase and Sale
  • PITI – Principal Interest Taxes Insurance
  • PM – Private Money
  • PMI – Private Mortgage Insurance
  • POA – Power of Attorney
  • PUD – Planned Unit Development
  • REI – Real Estate Investing / Real Estate Investor
  • REIA – Real Estate Investors Association
  • REIT – Real Estate Investment Trust
  • REO – Real Estate Owned
  • ROI – Return On Investment
  • RTO – Rent to Own
  • SFH – Single Family House
  • SFR – Single Family Residence
  • SS – Short Sale
  • Sub2 – Buying property subject to existing financing
  • T/B – Tenant Buyer
  • TIL – Truth In Lending
  • UBIT – Unrelated Business Income Tax
  • UCC – Uniform Commercial Code
  • VA – Department of Veterans Affairs / Veterans Administration