2 questions
100 words min per questions
no abstract needed
keep questions separated
1 . Lets have some fun! Lets assume that you wanted to rehabilitate an existing structure (try to think of a building you are familiar with). Tell me about the project.
Discuss a single 1800 sq
For example: (1) what is the structure currently being used for (if it is currently vacant – what was it); (2) what type of rehabilitation do you feel would be needed; (3) if the building’s current use changes, what will it be now; and (3) why do you feel this project will be needed and profitable.
Discuss a single house 1800 sq 3 bed 2 bath converting to a duplex
2. As long as the present loan-to-value ratio is sufficient to ensure adequate current collateral for a mortgage loan AND the current debt coverage ratio meets the minimun requirements, should the lender be concerned about future cash flows or the trend of values for property of the type being financed? What do you think?
