100 Financing Investment Property

100 financing of investment properties refers to 100% financing from outside for your investment in real estate. Funds that are brought from one’s own savings, on loan from friends or relatives are in a way not much different from capital whereas real debt or Investment property financing comes from financial institutions. These entities – banks, mortgage firms and lending organizations like credit unions — lend funds to the applicant on the trust of a collateral security or based on the income, credit-worthiness and repayment capacity of the individual. Even if these criteria are satisfactory, an investment property financing institution may ask to be shown the business plan of how the applicant means to generate income using the pieces of property he or she means to buy and consequently pay off the loan or conclude the mortgage. The lender has the right to know how the business is going to be conducted because the revenues of this business determine how fast the loan is going to be repaid. With the turn in the economy, 100% financing investment property has almost been done away with.

100 financing investment property

In the United States, there are three credit bureaus, Equifax, Experian and Transunion, that maintain records of the lines of credit extended to each individual and how they are being handled. The credit reports formulated by these bureaus reflect how many credit card accounts a person has, how many times he or she has defaulted in payment or gone over the credit limit; other forms of financing availed by the individual such as home mortgage, auto finance or student loans, are also listed. Lenders and creditors have access to these credit reports and use them to check if an applicant is worth the risk of being given a loan. The exact features that point to an applicant as being risky can be found out after a professional analysis of one’s credit report. A high Debt to Income ratio and loan to value ratio are some of the red-flags. These areas have to be improved so as not be saddled with an exorbitant rate of interest and terms that are not favorable to the borrower. Some unfavorable terms are floating interest rates that send the finance charges through the roof upon a single defaulted payment. To prevent this eventuality, it is better to choose a deal with a fixed (flat) interest rate or a low ceiling rate on the interest rate slab.

Lending fees, high interest rates, discount points (another form of lending fees paid upfront to prevent the interest from racing up) can actually break the bank. In fact, there are many cases in which discount points have been deceptive and one ends up paying more for them, than the actual interest (finance charges) that would have been paid if the interest rates did go up. To prevent such goof ups, it is a good idea to take estimates from two or three lending organizations, compare their offerings and then choose the one that appeals most to one.

The worst pitfall to guard against is when some lender tells you that you are eligible for 100% financing of investment property. Those idyllic days are over. In fact, they are past their sell by date because there were not so idyllic. There may be such plans available on subsidy from the government for the exclusive use of first time homeowners who belong to the low income group. But this does not include investment property dealers. Traditional methods of 100% financing are now called owner financing and are still available but they are not an attractive option. It is not surprising that requests for owner financing are viewed with suspicion of default by lenders and therefore, that avenue is best avoided.

The Best Free Android Finance Apps

Obviously many people will be skeptical as to how good free apps actually are, with many consumers actually purposefully not downloading free apps due to fears that they will crash or being infected with various ways of stealing your money. However these fears are totally unfounded and without evidence so do not let this put you off. Now to the apps:

PayPal

If you have been on the internet at some point then you will have undoubtedly heard of PayPal. The service facilitates payments between people via a simple email address, avoiding the complexities usually associated with bank transfers and the like. The PayPal Android app allows users to manage their PayPal account just as they would through the official website. The app is totally secure and allows you to make purchases or deposits also amongst other activities on the move, a very useful addition to the marketplace.

Quote Pro

Quote Pro is also an incredibly useful app, used by many on a daily basis it has fast become one of the most downloaded in its range. Not only can you obtain extremely detailed and accurate information about the range of stocks you have an interest in, but you can also keep an eye on your portfolio of stocks and shares.

Tip Calculator by TradeFields

Tip Calculator is perhaps one of the most imaginative apps I have personally seen on the app marketplace. It is incredibly useful for an aspect you will have probably have struggled with every time you’ve been out for a meal, the tip. Not only will the app inform you of the total tip you should be leaving behind, but will also divide the total tip amount between the number of people at the dinner, saving much embarrassment, delays and napkin calculations!

Currency Converter

How many times have you been in a foreign country or at the airport and have been wondering how much you will actually get in return for your dollars? Numerous times in all probability. The currency converter provided by Pocketools will enable you to be provided with an accurate, up to date and independent currency exchange valuation allowing you to shop around to find the best exchange rate. Not only does this app provide you with the current exchange rate, it will also give you data on the currency of your choice over the last 5 year period through the use of many easy to read graphs.

Mileage

This is without doubt one of the best apps I have personally seen. With the rising prices of gas which look set to continue for the foreseeable future it is a great way of ensuring that you are driving as economically as possible and therefore saving as much gas as possible. I haven’t an idea about how it works but it does, the interface is also extremely slick, simple to navigate through and to understand.

Finance

Finance, whilst the name of the app may not excite you or conjure up ideas that this app is going to change the world it certainly fills a gap in the market which needed a simple app. It’s similar to Google search in many aspects, it provides a very basic user interface, but one that is incredibly effective and performs its job excellently. If you already use Google Finance or are considering starting to use it then this app is vital, it synchronizes everything meaning it’s like being on your main PC.

Financisto

Financisto is another great money manager. The ability to create long and short term budgets for holidays, short breaks or just a simple shopping trip is a real plus point for this app and one which has seen it rocket in terms of popularity. In addition to this the app has the capability to check your recurring payments amongst many other essential financial activities; this has left many users of the marketplace wondering why there is no charge.

The International Finance Centre at Hong Kong

The International Finance Centre was completed and became operational in the year 2003. However, it is still the epicenter of all talks related to international business and investment. It has become one of the landmarks of the Hong King Islands that are known worldwide.

It is situated in the midst of a jungle of skyscrapers that have dominated every corner of the island. It seems to command a sense of respect from all those tall buildings. It is one of the most gruesome battle sites in the recent history of international corporations. At the time of writing this, the International Finance Centre is the 8th tallest office building in the entire world. It is often compared to the former World Trade Center in New York. It is a symbol of strength and potential of the new and emerging Asian markets.

The tallest building in Hong Kong, it also has an international symbol of prestige for companies that have their offices in it. It stands out from the crowd and is one of the most recognized modern structures in entire Asia, outside the continent. To the modern world, the International Finance Centre is what the Great Wall used to be to China, a few centuries ago.

The IFC is divided into two main buildings. They are called Tower One and Tower Two. Tower One is known for its signature shopping mall, while the other for its 88 storey’s.

Tower One was completed and started prior to the second one going operational. It has around 40 floors and is no less magnificent than its taller counterpart. It is divided into 4 zones, and is built up on a total area of approximately 800,000 square feet. More than 5,000 people can occupy the building at an instance.

The International Finance Centre was developed under a joint venture of Sun Hung Kai Properties and MTR Corporation. The IFC was created with the aim of exhibiting the financial prowess of Asia to the rest of the world. It is strategically placed; very close to the airport, to make it better accessible for international business tycoons.

Tower Two of the IFC is as appealing as it is magnificent. It is the tallest feature of the complex and was designed by the world renowned architect Cesar Pelli. It was completed only in 2003; years after Tower One became operational. It has 88 floors, as the number 88 is considered to be very lucky in Chinese mythology.

However, it is interesting to note that Tower Two does not have exactly 88 floors. This is due to some other superstitions in the local culture. A number of floors have been omitted while numbering. This is because many numbers, such as 14 and 24 are considered taboo, because they sound very much like some expressions related to death.

The Tower Two of the International Finance Centre is known for its excellent and modern telecommunications facilities. A number of floors have been reserved for the use of the Hong Kong Monetary Authority. The floors of the building are designed in such an amazing manner that the columns are not visible at all. This tower is designed to accommodate three times more people than its counterpart. Together, both the towers can accommodate 20,000 people at one go.

Access to International Finance from the UK Could be the Answer you are Looking For

Following many years of experience since the ‘new 86 Act and its amendments and indeed considerably prior thereto a number of ‘grumpy old men’ ( lawyers, accountants, Insolvency practitioners, financiers and brokers ) agreed to combine their knowledge and experience to create dynamic, cost effective and above all practical solutions to most debt related problems.

Whether you are over-spending or over-trading, borrowing ( from necessity ) out of control, dodging bailiffs and avoiding process servers bearing pressing news from the Bankruptcy Courts, we can help.

If it is hopeless financially we’ll advise you how to regain control and ‘let you down’ as easily as possible. If there’s a way through e.g. unofficial or official Voluntary Arrangements ( corporate or personal ) we’ll assist. We buy the most important commodity you need at this time which is time itself.

As we do that we’ll set about sorting you ( or your firm or company ) out e.g. re-financing your business, consolidating your loans, re-mortgaging, replacing your debentures, negotiating with the revenue and the VAT , local authorities. as well as all your creditors etc.

If its saveable we’ll save it, if it isn’t we’ll investigate and help you to minimise the consequences.

IT’S NEVER AS BAD AS YOU THINK, BUT REMEMBER NOTHING IS SO BAD THAT IT CAN’T GET WORSE, the most destructive thing you can do is to ignore the problem. ‘

5 Best Android Tablet Finance Apps

For Android tablets, the common reason for buying them may be for entertainment and leisure. Did you know that Android tablets are also proven useful in the financial world? Android has offered so many finance apps in the market which are very much relevant and useful to your every day financial needs. Whether you want the latest finance news or you need to make monetary computations, finance-related Android apps have got it all for you. Here is a list of the five best Android finance apps in the market:

1. Finance

Ever wanted to have a personal financial planner but you just can’t afford to pay for one? Simply called Finance, Android has come up with a powerful app which strips you of the need to hire a personal planner. Finance is an app which is capable of providing you with the most recent updates about the stock market. The best feature of this app is that it provides you with stock quotes which are very much reliable because they are quoted real-time. This app also syncs well with your stock portfolios which are loaded in Google Finance.

2. Real Estate Droid

If it is your dream to be a real-estate businessman someday or to be a licensed real estate broker, then this finance app is the best deal for you. Real Estate Droid comes with features which can, for one, search houses for sale. Once you find a catch, you can search information about its neighborhood with real-time updates. With this app, you can also check out mortgage quotes made by real lenders and compute for mortgage loans. You can always take advantage of the built-in loan calculator.

3. Financisto

Financisto is a finance app that is very much capable of doing many things. For one, it lets you add multiple types of bank accounts and even a multiple number of accounts per type. This means that you can add checking and savings accounts together into your file manager. For both types, you can add more than one account. With Financisto, you can also monitor which among your payments are recurring. Once you see the pattern, you can schedule them to make sure you don’t lag with your payments. This app can also help you create either a short-term or long-term budget.

4. Karl’s Mortgage Calculator

If Real Estate Droid is not enough for your mortgage needs, then you can always opt for a more specialized finance app, which is Karl’s Mortgage Calculator. By using this app, you can calculate how much mortgage you should be paying in the future and you can even visually see the results with its easy-to-read charts and graphs. This app can help you compute for your future payments, given the principal loan amounts, interest rate and terms. Karl’s Mortgage Calculator, however, is limited to supporting interest-only amortization and Canadian computations.

5. PayPal

Almost everybody knows of PayPal now. With the PayPal Android app offered in the market, you can do all things you normally do on your PayPal account. The bonus point here is that apart from being able to pay an item, you can also help hasten its delivery process. So, if you’re dying to take hold of that most recent Victoria Secret scent, then you don’t have to wait for the normal number of shipping days just to have it. You can always make it two or three days earlier with this app. With PayPal app at your reach, you can always access your PayPal account anytime you want.