A high Texas Ratio suggests potential financial difficulties, signaling greater risk of bank failure.
A loan can be denied after conditional approval due to the borrower's failure to meet specific conditions set by the lender or significant changes in their financial situation.
In essence, crowdfunding in real estate allows investors to pool their resources together, enabling them to invest in properties that would otherwise be out of reach.
For multifamily properties, the LIHTC provides a crucial incentive that encourages developers to invest in creating affordable units.
A compact parking space typically ranges from 135 to 175 square feet, with a length between 16 to 18 feet and a width of about 8 to 9 feet.
A flat prepayment penalty is typically a set amount charged as a fee for paying off a loan ahead of schedule, regardless of the remaining loan balance.
The net effective rent formula in Excel involves dividing the total lease cost by the lease term.
This abbreviation stands for "Effective Year Built."
The fundamental principle of present value is that a dollar today is worth more than a dollar in the future because it can be invested to earn returns.
