rate: Do You Know These 10 Financing Terms?
- 07/01/17 06:13 AM
Looking to purchase a property? Here are ten terms you want to know and must understand if you want to make the right purchase. 1. Cash Flow To invest in real estate, you want to have cash flow! This is your income minus expenses. Income includes rental income. Expenses can be mortgage, taxes, insurance, water, repairs etc. For example. You have a property bringing in 3000 a month. Your expenses equal 2700 a month. You have a cash flow of 300 per month. You can increase your cash flow by increasing income and decreasing expenses. 2. Appreciation Your property has increased value over (3 comments)