Somewhere between ownership of four small residential units where qualification is based on personal credit history, and ownership of large office buildings
where loan qualification is based on the cash flow of the property, all real estate investors run into a financing problem.
Not exact matches
The following will provide an overview of how equipment financing works, what rates and terms you can expect in today's marketplace, what are the basic
qualifications for these
loans, and
where you can obtain such a
loan.
Sub-primes mortgages were
loans where the
qualifications needed to obtain a mortgage were relaxed.
Or you can put it in a UGMA - type account
where it's technically the child's funds and not yours (but check how college
loans are calculated before dumping a bunch of money in those, I believe they are looked at differently, maybe as the first source of funds that gets tapped and could impact
loan qualification).
The following will provide an overview of how equipment financing works, what rates and terms you can expect in today's marketplace, what are the basic
qualifications for these
loans, and
where you can obtain such a
loan.
Don't forget to consider issues such as how you are going to fund your study and
where you're going to live early on — due to the popularity of postgraduate
qualifications the
loan approval process now takes longer than in previous years, so apply in good time to guarantee secure finance.
Because
qualification requirements can vary with the purpose of the
loan and type of property, there are a number of other situations
where borrowers can only qualify for an FHA.