Bowfin Property

Property Solutions to Sell Your House Fast For Market Value

Property investment

Birddogbot Review (Search Engine For Real Estate Investors & Wholesalers) Updated For 2020

Birddogbot review is for real estate investors looking for a faster way to search out deals and save time. Deal finding in property investing is a real time hungry process. But with Birddogbot software you save time as the software finds the deals for you. This means you spend your time visiting and negotiation the deals instead.

Selling Your House On A Lease Option (Are Lease Options A Good Idea?)

If you are trying to sell your house and need to achieve a certain price. If you the difficult situation where you really can’t reduce the sale price of your house. A lease option will usually allow you to sell your house at the price you’re looking to achieve. A lease option will give you the opportunity to move on and avoid your becoming a landlord and having to rent out your property to tenants yourself.

How Much Can You Borrow Based On Your Rental Income?

Mortgage lenders require the rental income to be 125% of monthly mortgage payments for basic rate tax payers and 145% for higher rate tax payers for interest only buy to let mortgages. But the interest rate used to calculate the mortgage payments is the stressed interest rate not the actual rate.

How Is The Mortgage Stress Test Calculated? (Stress Test Calculator Included)

A mortgage stress test is calculated using the stressed mortgage rate to stress mortgage payments against monthly rent should interest rates rise. The stress test calculation takes account of interest rate cover ratio (ICR) which is 125% for basic rate tax payers or 145% for higher rate tax payers.

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