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2 August 2014 | 9 replies
I found one that lends at the following terms: Interest Rate: 5-year FHLB + 3.00%, floor or 5.95% Adjusts every 5 yearsNo cap on rate adjustment (Note: Seems scary)Maturity: 20 yearsRequire 30% down.No prepayment penaltyI am wondering if anyone knows what has been the historical 5-year FHLB rate and any predictions on what it might be in 5, 10, and 15 years since the rate adjusts every 5 years.The no cap on rate adjustments is the scary part, but I guess I could prepay the loan if the rate goes crazy high.Does this look like a good options to secure long term financing if I've hit my 10 Fannie Mae loans already?
7 February 2014 | 2 replies
I am planning to place a PPM.I am paying $3000 for business plan and marketing and $10,000 to securities lawyers.Does this sound right?
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13 January 2014 | 6 replies
We also adhere to minimum rental criteria of income or income equivalents of 3x the rent, or 2.5x with additional security deposit.
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4 January 2014 | 6 replies
Your odds of getting rich quick would probably be better in writing some fantastic software program, that takes knowledge too.
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2 July 2015 | 7 replies
When I open my data source in Excel I get a an error message that says "This file needs to be opened by the Excel Workbook text converter, which may pose a security risk if the file you are opening is a malicious file.
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4 January 2014 | 7 replies
Some security agreements recite the type of line as being for a LOC, so in reality it's not a deterrent to filing any suit against you.
5 January 2014 | 9 replies
Policy is set and enforced to ensure a safe and secure banking system for the benefit of our economy.
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12 January 2014 | 24 replies
Any PM worth hiring would happily take the opportunity to educate and advise you with the hopes of one day securing your business.
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4 January 2014 | 3 replies
If I were starting out I would save as much as possible and ask family or friends for low interest loans in a hope of securing $20-30k.
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4 January 2014 | 9 replies
Having a mother like that can be annoying at times but should also be beneficial for care of your property and a little security to pay rent if times get tough on your tenant.