real estate cap rate

Starting in Commercial real estate investing?
What price range of commercial property can I realistically apply for a loan on if I make $70,000 a year and good credit but have less then $10,000 in liquid assets. Assuming I am able to come up with 20% down on the property. I have found plenty of promising properties for cash flow with cap rates around 13%. I just don’t know what range is too high or low for me.
You need to ask this question to a mortgage broker as anyone would require a great deal more info than you have already provided especially concerning your present debt to income ratio (how much money you have coming in versus going out). The loan will be secured by the property in a similar manner as it would when buying a house, but there are other variables to considered. You can’t count on the capital income as a part of your income to qualify for the loan.
What Is Cap Rate?
|
|
Calculated Industries 3415 Qualifier Plus IIIX Real Estate Finance Calculator $47.89 Gain instant access to P&I, PITI and FHA Payments, and complete buyer qualifying(view larger). Qualify home buyers right on the spot with the versatile, easy-to-use Qualifier Plus IIIX real estate finance calculator from Calculated Industries. Perfect for all real estate finance professionals, including agents, brokers, bankers, mortgage originators, title officers, trainers, and more. The… |
|
|
Calculated Industries 3430 Qualifier Plus IIIFX Real Estate Finance Calculator $48.50 Calculate multiple cash flows and internal rate of return (view larger). Qualify home buyers right on the spot with the versatile, easy-to-use Qualifier Plus IIIFX real estate finance calculator (model 3430) from Calculated Industries. Perfect for all real estate finance professionals, including agents, brokers, bankers, mortgage originators, title officers, trainers, and more. The Qual… |
|
|
Nikon WC-E63 Wide-Angle Converter Lens for Nikon 4300 & 4500 Digital Cameras $59.95 One of the most frustrating problems facing any digital photographer is the inability to fit an entire group of people or breathtaking landscape scene in the picture. While you can’t remove the standard Coolpix lens and replace it as you can on an interchangeable lens SLR camera, you can quickly and easily attach this accessory wide-angle lens onto the camera’s built-in lens to get the resul… |
|
|
The Appraisal of Real Estate, 12th Edition $75.00 The Appraisal of Real Estate provides readers with a solid foundation for a broad and substantial understanding of real property valuation, with detailed information on appraisal theory, highest and best use analysis, land value, valuation procedures, and the preparation of appraisal reports…. |
|
|
Good grades for student housing transactions.(Cap Rates and Development): An article from: Units $9.95 This digital document is an article from Units, published by National Apartment Association on October 1, 2010. The length of the article is 364 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available immediately after purchase. You can view it with any web browser.Citation DetailsTitle: Good grades for student housing transa… |
|
|
Capitalization Theory and Techniques: Study Guide Second Edition (0671M) $18.73 This study guide is an essential resource for anyone who wants to understand the mathematics of financing real estate. Written for real estate appraisers and students of real estate, the text presents a basic course in income capitalization and provides a foundation for the study of discounting and more advanced valuation techniques. This popular study guide includes dozens of practical, real-worl… |
|
|
Star Analyzer Plus: Real Estate Investment Analysis plus Contact Management $199.00 If you’re looking for an easy-to-use and comprehensive program to help analyze your real estate investments, then relax — you have found it. As an added bonus, “Star Analyzer Plus” now includes a powerful contact and personal information manager that helps you manage your contacts, time, income and expenses. Star Analyzer is the most intuitive real estate investment analysis program on the mar… |