Multi-family loans can be acquired through mortgage brokers and directly through a variety of financial lending companies. A multi-family loan is designed for the purchase or refinancing of multi-family properties. A multi-family property is defined as one in which five or more dwelling units exist and no more than 20 percent of the net rentable area is rented to or…
Tag: Units
Miami Money Talks
Consistently on top of investors’ lists of prime real estate areas, Miami continues to prove that its lands and properties are worthy, not to mention, deserving of big investments. As if its colorful night life and fabulous beaches weren’t enough reason to buy property on this strip of heaven, developers of the area continue to put up skyscraper condos and…
Colocation Hosting
What’s colocation hosting? Colocation hosting wherein multiple customers locate network, server and storage gear and interconnects to a volley of telecommunications and various other network service provider thus minimizes the complexity and cost. Have a dedicated hosting right away and enjoy complete freedom. Added features of dedicated hosting! Data centers should be monitored 24-7. Your systems should be housed in…
Condotels Meet Investors Business And Leisure Objectives
What could be better than owning a vacation home and earning rentals when you aren’t using it? Until recently, John Thomas with his Filipina wife from London, UK, owned a traditional vacation home, in Metro Manila, Philippines. But after a year away from the country What’s your Reaction? Love Love 0 Smile Smile 0 Haha Haha 0 Sad Sad 0…
Before You Buy Your Apartment Complex
Purchasing an apartment complex as an investment is a fantastic way to watch an asset single handedly generate thousands, even hundreds of thousands of dollars in a very short amount of time! A popular investment strategy, especially for new investors, is to purchase a more run down, mismanaged apartment complex at high cap rates. The cap rate, or capitalization rate,…
Psbank Accredits Lancaster Suites Tower I Condotel Investments In The Philippines
PSBank’s Home Rate Protect program offers buyers the option to loan up to 70% of the total contract price of their unit which they can pay for a maximum loan period of 25 years with a fixed interest rate currently at 11.5% per annum. Beth Collingz, PLC Global Pinoy International Marketing Director and Lead Marketing Partners for PCPI’s Lancaster Brand…
Things To Consider When Buying An Intercom
An intercom is an electronic communication system that is commonly found in hospitals, schools, offices and other large buildings, in ships and liners, and even in homes. With just a push of a button, an intercom system enables people in different rooms to communicate with each other in an instant. The intercom is now becoming a popular component not only…
What Is A Condotel
What is a Condotel? Is it a condominium? Is it a hotel? Well it’s a combination of both. It’s also one of the hottest types of investment properties around the world and now available in Philippines. Pacific Concord Properties Inc’s Lancaster Suites in Metro Manila is a condo Hotel (Condotel) in Shaw Boulevard close to the Ortigas Center. Scheduled for…
Air Conditioner Buying Tips
Most new homes today have air conditioning units. It is more unusual to see homes without central air then to see ones with it nowadays. Air conditioning can be a necessity in warmer climates for the comfort of the family. Most air conditioner units will range from three to six thousand dollars, including installation. This is not a minor investment…
New Central Air Conditioning Units Can Save Energy
As many as eighty percent of the new homes being built in the U.S. are built with central air conditioning units installed. Central air just makes sense, as it keeps the indoor temperatures comfortable while filtering and dehumidifying the air. This is particularly nice for people who suffer from allergies or asthma. Fortunately, central air conditioning units can be installed…