Standard is fully amortizing (equal payments for all 360 over the 30 years), with options for "Interest-Only" - (i.e. interest-only payments for the first 10 years of the term, then amortizing over a 20-year schedule on the final 20 years), or some hybrid ARMs where the interest rate is fixed for the first 5 or 7 years or so, then floats. 

The 1% rule (or 2% rule, which is also floating around BP) was created for mobile home parks and storage facilities.   

There is no need for the huge announcement banners stating "We have new look!"

With the growing number of lenders floating around now, you can toss a rock into any real estate meeting and hit one.

Hey Simon, If you are looking for the par rate (no discount points) the rate is floating at 8-8.7%, depending on credit, LTV, and experience. 

It'll have a washer/dryer, cable/wifi, and kitchen with everything in it.  82 beds in 22 houses, that's what I have.As far as promotions go, I have a banner in the contractors parking lot. 

@Will Barnard Seriously I think BP should have a banner trying to source some contributions for you.

Now, you need to tell him, absolute no extensions on timeline, add 1 month as buffer (official term is float) for everything -- unworkable days, inspections, hiccups, etc --, so he needs to fit everything within that float.

Use contingencies on both sale and purchase to give you longer due diligence periods and floating closing dates if possible to accommodate your 1031 schedule.4.

And it floats.