There are two certainties with lenders: They incur a cost to the money that they lend, and they are in the business of making a profit. Their offset to lending at below market rates could be in the fees, penalties or new rates that they charge. Most of the time below market rates translate into […]

Managed correctly, a variable rate can be a useful tool. However, the lower monthly cost of debt service should not be the sole criteria for choosing a variable rate. Buying income property comes with expectations and demands: Investing in capital improvements, reducing expenses, raising rents and selling the property. These expectations should not conflict with […]