0 items
- Description
FIN 467 Week 3 Real Estate Investor Financing
Keeping in mind the property acquired in Week 2:
Find three potential lenders (via Internet and/or local financial institutions).
Obtain information on the real estate investor loans, loan limits, structures, terms, rates, required ratios, and other conditions.
- Prepare a table to summarize and compare your findings. Use rows for each loan characteristic and a column for each lender.
- Identify the lender that the team will use to finance its investment.
- Determine your loan amount and calculate total principal and interest payments for the next 5 years.
- Determine what your outstanding principal will be at the end of 5 years.
Produce a 350- to 525-word paper or 8- to 12-slide presentation using a modality of your choice. Include the following:
- why the selected lender was chosen.
- what loan terms were most important to the team.
- a copy of the lender comparison table and your loan calculations.
Format your submission consistent with APA guidelines
Click the Assignment Files tab to submit as a Microsoft® Word document or Microsoft PowerPoint® presentation.