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25 April 2008 | 4 replies
Although it's real early in the morning and I haven't had my coffee, it looks like with that debt load you're going to be treading water.
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14 June 2009 | 12 replies
Short Pay Offs are complete in most types of debt vehicles.
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13 April 2008 | 4 replies
They will underwrite it like a commercial loan so they have to cash flow usually at a min 1.20 debt coverage ratio.
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16 April 2008 | 3 replies
I will consider all options, including hard money loan, I just need to carry this part the balloon payment so I have a bit more time to get convention arrangements made.My "credit" is good but right now my debt/ income ratio is a little high.
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14 July 2008 | 47 replies
If you are in a property for 30 years, you are buying, renting and paying down the debt to own it.
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14 August 2008 | 4 replies
Those are fine to eliminate a deal.
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20 September 2008 | 13 replies
A key factor for lenders is the DSCR - debt service coverage ratio.
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15 March 2009 | 14 replies
I ran this for myself, and realized that if I can pay off all my debts, including my house (yes, some here will say that's crazy talk), I can live on a tiny fraction of my current income.
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17 August 2008 | 10 replies
Less $100/month in desired profit gives you $440 for debt service.
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4 October 2008 | 6 replies
Congress was merely eliminating the unintended loop hole.