Apartment Loan 101Written by Cameron Brown
So you’re interested in going into business as a property manager? Have you given any thought yet to you’ll enter this potentially profitable market? Reality check-unless you’ve just inherited a large sum of money from a relative or are otherwise independently wealthy you’re going to find someone to borrow from. This is where an apartment loan comes in. Before you visit local bank or other lending institution, it may be wise to ask yourself how long you plan to own apartment building or complex. Are you investing for long-term? Answering this question will significantly influence type apartment loan you should get. If you are planning to own property for two years or less, most experts agree that an apartment loan with an adjustable rate mortgage (ARM) will be your best bet. Like name suggests, an ARM is a loan will an interest rate that may change with time in accordance with various factors. ARM apartment loans usually offer a better initial interest rate than other loans to offset risk of future interest rate changes. An interest rate ceiling that may be reset annually also protects mortgage holder. If you plan to stay in property management business for long-term, you may want to look at getting a fixed rate apartment loan. A fixed rate loan guarantees same interest rate over life of mortgage. Supposing interest rates are historically low at time you secure apartment loan, this type of loan will lock you in at best rate possible. On other hand however, if interest rates are historically high at time of loan, you might be stuck paying interest at a higher rate than you would have with another type of apartment loan. Another important question to answer before seeking an apartment loan source is approximate cost of property. This may seem like a no-brainer when looking for an apartment loan, but too many first-time investors just take interest rates they’re given without question. If apartment building you’re interested in is selling for over $500,000, a direct lending source or investment company can usually give you a better interest rate than most banks or credit unions. However, if you’re looking at a smaller apartment building selling for less than $500,000, you may want to check interest rates at local bank.
| | 10 Must Have Online Dating TipsWritten by Norbert Lukacsi
Have you ever thought of meeting people online? If so, meeting people online can be great fun. Online dating has given us opportunity from our comforts of our own home to search for that someone.Let your common sense prevail when searching online and do not let your instincts lessen when making your decision. Please see dating tips below which will make your search safe,a lot of fun and most importantly successful.* Dating Tip #1 Most common form of introduction would be to say" Please Allow me to introduce myself" I use this one myself,it helps to break ice and it is polite yet confident. Have you ever tried to introduce yourself in a night club or a bar? I am sure you have. Do you say "Hi my name is"... my telephone number and my address is such and such... No I thought not. When you introduce yourself on http://Iwantudating.com, please use common sense and do not reveal any personal details about yourself. This is one great thing about online dating.Take as much time as you need in getting to know someone before being comfortable enough in revealing all there is to know about you. So make sure you are not pressured. * Dating Tip #2 Do not lie about yourself on your profile. People will eventually find out you are having them on. * Dating Tip #3 Do take time to complete entire profile on registration form - Any unanswered questions say you could not be bothered or are hiding something. Try and complete form as much as possible to let any potential contact know real you. * Dating Tip #4 Have you ever heard of phrase "Honesty is best policy" I am sure you have.Honesty is admired yet dishonesty is being disrespectful.Tell people you are emailing your true intentions and it should be correct path to successful dating. Always remember, that you must use your common sense and judgement.I know it is not easy to judge who you are contacting on other side so please assess who you are being honest with. * Dating Tip #5 Now here is good dating advice. Add a nice photo.A photo of you. A smiling photo. A smiling photo up close. A recent smiling photo up close! Make sure your photos are recent preferably less than 6 months old) and that you are happy. Members with photos are likely to get up to 9 times more replies than members without any photo image attached to their profile.
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