Proforma Skills for Real Estate Wealth: Secure Your Financial Future
What is a Proforma? A proforma is a powerful tool used to estimate a property’s revenue and operating expenses over a 5-10 year period. They can include key details such as rent rates and vacancy rates. This allows investors to evaluate the potential risks and benefits of investing in a property. Proforma Line items Effective […]
Unlocking the Secrets of Loan to Cost: A Game-Changer for Real Estate Investors
What is Loan to Cost? The loan to cost ratio (LTC) is a key metric that helps bankers and lenders determine the size of a requested loan. The loan amount is dependent on the risk level of the investment. For instance, if someone requests a loan for raw, open land, lenders may only offer 50% […]