In real estate, LFCF reflects the amount of cash available to equity investors after covering loan payments. This indicates the financial health and profitability of an investment property.
Debt covenants are a set of conditions included in a loan agreement. They are designed to protect the lender by ensuring the borrower remains financially stable.
Fee simple ownership represents the highest form of ownership, providing the owner with complete rights to the land and any structures on it.
In real estate, the cash debt coverage ratio reflects how efficiently a property can generate enough cash to cover its debt payments, an essential factor for investors and lenders.
Corporate housing is particularly beneficial for corporate travelers, relocating employees, college interns, and even military personnel in transition.
An REO occupied property remains inhabited by the previous homeowner or a tenant, which can present unique challenges for potential buyers.
Closing costs encompass all fees and expenses related to finalizing a real estate transaction.
Unlike traditional condos, detached condos are standalone housing units. This means they do not share walls with neighbors.
It acts as a governing body for residential neighborhoods, including single-family homes and condominiums
