REI Acronyms
- 1031: 1031 exchange
- AFD: agreement for deed (a.k.a contract for deed)
- AITD: all inclusive trust deed
- APR: annual percentage rate
- ARM: adjustable-rate mortgage
- ARV: after-repair value
- BOM: back on market
- BPO: broker’s price opinion
- CAP: capitalization / cap rate
- CapEx: capital expenditures
- CARES: the Coronavirus Aid, Relief & Economic Security act
- CCIM: Certified Commercial Investment Member
- CCR: conditions, covenants & restrictions
- CF: cash flow
- CFD: contract for deed (a.k.a. land contract, a.k.a. owner financing)
- CLTV: combined loan-to-value ratio
- CMA: comparative market analysis
- COCR/CCR/CoC: cash-on-cash return
- COF: cost of funds
- CPM: certified property manager
- CRB: certified real estate broker
- CRE: creative real estate / commercial real estate
- CRS: certified residential specialist
- DBA: doing business as
- D4D/DFD:driving for dollars
- DOS: due on sale clause
- DOT: deed of trust
- DSCR/DCR/DSR: debt service (coverage) ratio
- DTI: debt-to-income ratio
- EMC: earnest money contract
- EMD: earnest money deposit/escrow deposit
- FHA: Federal Housing Administration
- FMR: fair market rent
- FMV: fair market value
- FNMA: Fannie Mae
- FRBO: for rent by owner
- FSBO: for sale by owner
- GRI: gross rental income
- GRM: gross rent multiplier
- HELOC: home equity line of credit
- HML: hard money lender
- HOA: homeowners association
- HVAC: heating, ventilation & air conditioning
- HUD: Housing & Urban Development
- IRC: Internal Revenue Code
- IRR: internal rate of return
- JV: joint venture
- LLC: limited liability company
- LLP: limited liability partnership
- L/O: lease option
- LOC: line of credit
- LOI: letter of intent
- L/P: lease purchase
- LPOA: limited power of attorney
- LTR:long term rentals
- LTV: loan-to-value ratio
- MAO: maximum allowable offer
- MFH: multi family home
- MIP: mortgage insurance premium
- NAR: National Association of Realtors
- MLS: Multiple Listing Service
- NAREIA: National Real Estate Investors Association
- NNN: triple-net lease
- NOD: notice of default
- NOI: net operating income
- NOO: non-owner occupied
- O/F: owner finance
- OO: owner-occupied/occupant
- P&S: purchase and sale
- PCF: price-to-cash-flow ratio
- PITI: principal, interest, taxes, and insurance
- PMI: private mortgage insurance
- PML: private money lender
- POA: power of attorney / property owners association
- POF: proof of funds
- QCD: quit claim deed
- REI: real estate investing
- REIA: real estate investor association
- REIT: real estate investment trust
- REO: real estate owned (a.k.a foreclosed property)
- ROI: return on investment
- RTO: rent to own
- SDIRA: self-directed individual retirement account
- SFH: single-family home
- SS: short sale
- STR: short term rental
- Sub2: subject to existing financing
- T/B: tenant buyer
- TIL: truth in lending (act)
- VA: Veterans Administration
- UBIT: unrelated business income tax
