by Victor Jung | Feb 2, 2025 | Business, Real Estate, Victor Jung
Buying real estate is a significant investment, and securing the right financing is crucial. Real estate loans come in various forms, each designed to suit different needs. Two popular options are the SBA 7(a) loans and 504 loans. Both offer competitive interest rates...
by Victor Jung | Dec 11, 2024 | Business, Victor Jung
Microsoft Shareholders Vote Against Bitcoin Reserve: What Does This Mean for the Future? 📉🔒 In a recent vote, Microsoft shareholders decided against a proposal to add Bitcoin to the company’s treasury. Here’s a breakdown of what happened and what it might imply...
by Victor Jung | Dec 11, 2024 | Victor Jung
FHA loans, insured by the Federal Housing Administration, are a popular choice for many home buyers due to their flexible qualification requirements. FHA loan requirements typically include a minimum credit score of 580 for a down payment of 3.5% and at least 500 for...
by Victor Jung | Aug 7, 2024 | Victor Jung
DSCR loans and conventional loans are both options for obtaining financing for real estate investments. However, there are significant differences between the two. DSCR loans evaluate the income potential and cash flow of a property to determine loan eligibility,...
by Victor Jung | Apr 27, 2024 | Victor Jung
The 421a tax abatement is a significant fiscal tool designed to stimulate residential development in New York City. It was established to encourage the construction of new multifamily housing and to foster the provision of affordable housing units. Through this...
