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LTC vs. LTV – What’s the difference between the two?
Both of these metrics are used to measure, or determine risk when financing commercial property or making a commercial mortgage loan.
LTV
The loan-to-value ratio...
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Today, I was reading up on different types of loans - specifically, a fully amortizing vs. partially amortizing loan. I encountered the following table illustration:
What I notice is that with amortizing period loan ...
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Selling @ $500k
Lender providing $490k
Can the remaining $10k be carried by seller?
If so, should it be a separate contract? Should it be outside of current escrow? Should the $10k loan be a lien on the house?
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I'm a broker in Oregon and Washington, and I'm trying to wrap my head around wholesaling. Please point me in the right direction of a post that answers this, or chime in. These are the steps, as I understand them:1. I...
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Hi,We are buying a couple of small multifamily buildings (both 5+ units) and the bank requires our physical presence to sign the Deed of Trust. Is there a way to avoid attending closing? The closing has been pushed ba...
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Hi all, I purchased a property in 2023. But in the year 2024, I can qualify for REP status. Can I claim bonus depreciation for the property purchased in 2023 against W2 income in 2024?
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Is there a difference or are these the same?Thank you
Subject To and Wraps are very similar and yet, very different.
Subject To & Wraps share these characteristics
You are taking over payment of the mortgage and transferring the property into your name...
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Hi, I have been looking for duplex rental properties in Georgia, but I am from New York. I am a beginnier and I am not sure where to start. Please help!
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A friend and I have been talking about investing together and have been bouncing around the idea of using an LLC. I currently live in Wisconsin and he works and lives in California. We would be investing in Wisconsin ...