REi Abbreviations
Common Abbreviations every investor should know
- 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
- CAD - County Appraisal District
- 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
- FHA - Federal Housing Administration
- FHLMC - Federal Home Loan Mortgage Corporation, Freddie Mac
- FMR - Fair Market Rent
- FMV - Fair Market Value
- FNMA - Federal National Mortage Association, Fannie Mae
- FRBO - For Rent by Owner
- FSBO - For Sale by Owner
- GMAC - General Motors Acceptance Corporation
- 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
- 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
- TAA - Texas Apartment Association
- TAR - Texas Association of Realtors
- TIL - Truth In Lending
- TREC - Texas Real Estate Commission
- UBIT - Unrelated Business Income Tax
- UCC - Uniform Commercial Code
- VA - Department of Veterans Affairs / Veterans Administration
