Article: You are entitled to one free credit report each year. Your lender will look at your personal credit history, so you should pull it and check for errors.Dispute anything that is wrong. For example, accounts might be listed that aren't yours, or an account might be improperly listed as in default or collections. Also, the credit limit might be wrong. Start early. The entire dispute process can take up to 60 days to complete, and you'll want a clean credit report before you approach lenders. Loans for commercial real estate are not the same as loans you take out to buy your own home. Generally, loans can be for 30 years or as short as five or seven. Interests rates may also be variable or fixed. If you can get a non-recourse loan, then the building will secure the loan as collateral. However, non-recourse loans are not available for all borrowers, and the building typically must be worth at least $2.5 million. With a recourse loan, you remain personally liable for the loan. In the event of default, you can be sued, and you might lose personal assets. Recourse loans are riskier, but it might be the only type of loan you can get as a new landlord. Commercial loans also require a down payment around 30% of the purchase price. If you're having trouble getting a commercial loan, consider getting a real estate contract instead. Real estate contracts require a large downpayment, but they're less difficult to get approved for. The downpayment may be less than what a bank would ask for, depending on how much the seller wants. Discuss what is a reasonable offer with your real estate agent, which will depend on the state of the local market. If the market is hot, you may need to pay the asking priceor even more. No matter how hot the market, insist on a 90-day escrow period. You'll want at least 60 days to get an inspection. That'll leave you with 30 days to review documents before closing. If you're using a lender, ask them how long they need to process your loan. Depending on your lender, you may need to ask the owner for more time to get everything together. Hire an inspector with experience in commercial properties as soon as possible in case there are any complications or delays later on. Find an inspector by getting a referral from a real estate agent or talking with another apartment complex owner. Check ahead of time what will be inspected. Ask if you need to hire a specialty inspector to inspect a swimming pool or tennis court. If the inspector finds problems, ask the seller for a credit, which will reduce the amount you pay. Alternately, the seller might make the repairs before closing. You must give the lender information about the apartment complex when you apply, so collect the following before approaching a lender: pictures of the apartment complex floor plans map of the surrounding area description of the property (e.g., number of units, year it was built, etc.) expected upgrades rent information purchase price names of real estate agents, attorneys, and title companies involved in the transaction Approach multiple lenders so that you can compare their offers. Ask for an application and submit it with your supporting documentation. If the loan officer needs more information, then supply it as soon as possible. After approving you, the lender will send you letter of intent or a term sheet. Analyze it carefully. It will specify the amount you can borrow and other terms. Choose the loan whose terms are best for you. Sign the term sheet or letter of intent for the lender you choose. At this point, you may need to pay your deposit. The lender should follow up with a full (and final) loan commitment.
Question: What is a summary of what this article is about?
Check your credit report. Learn about commercial loans. Make the owner an offer. Have the building inspected. Collect required information for the loan application. Apply for your loan. Compare loans.
Article: Start with the front corner. Place a T-connector on top of a 3-foot (0.91 m), then use a small piece of pipe (the 2 1/2-inch [6.35 cm] sections) in the joint extending toward the front. Attach an elbow connector with this small piece of pipe. That will be the support for the front pole along the top. Do the same for the smaller 2-foot, 73/4-inch (0.806 m) sections that will form the top of the poles in the back, except the elbow connector will extend along the back. Ask for help with assembly if possible! On the front, connect the top to the 3-foot (0.91 m) bottom with 1 T connector with the opening facing toward the back of the booth. In the back, use a small piece of pipe to connect 2 T connectors in the middle of the post. Face one toward the front and one pointing along the back side. At the top, connect the front corner pole to 1 26 3/8-inch (0.67 m) section. Add a T connector, then 1 20-inch (0.51 m) section. Stick the other end of this section into the back corner pole. Place 1 4-foot (1.22 m) section across the middle of the side connect the front pole to the back pole halfway down. Find the T connector in the middle of the side at the top. Use a small piece of pipe to connect an elbow joint to it that's facing toward the middle. Do the same with the other side. Build a post for the middle of the booth by sliding 1 5-foot, 11 3/4-inch (1.82 m) section into the bottom of a T connector. Add 1 3-foot, 11 7/8-inch (1.22) section to either side of the connector. Push the smaller sections into the middle of the walls at either end at the top. Add the 8-foot (2.43 m) sections at the top in the front, the top in the back, and the middle in the back. Don't fully secure these joints until all the poles are in place. It is extremely difficult to break PVC pipe or joints with your bare hands, so apply plenty of pressure to ensure a tight fit. Press the pipe in to each joint. You may need to twist the pipe slightly to get everything connected tightly.
Question: What is a summary of what this article is about?
Attach a T connector and elbow connector to the top of each corner pole. Build the rest of the corner posts with T connectors. Build the sides using the corner posts and more connectors. Connect the sides with the longer poles. Secure each pipe by fully inserting it into the PVC joint.
Article: This comes before the real training. Never skip a day of practice between the weeks. Remember to stop when needed and not overdo it because it'll damage your muscles and weaken you before you reach a target of 100 or more. Do 10 pushups a day through the week. Ten is this week's daily target. Increase the target to 20. Even though this is a sudden increase, it will tighten and ready your biceps. Slowly work your way up to 100. Now you can either maintain your fitness, or continue working toward an even higher goal.
Question: What is a summary of what this article is about?
Perform simple pushups for a week. On the first week, practice the correct form. Proceed to week two. Repeat this increasing target weekly till you reach 50. When you reach 50, take one day rest after each day of exercise in this week. After you hit 70, make a dash towards 100 or at least 90. If you're close but having trouble hitting 100, rest for an extra day or two and then try again when your muscles are fresh. Congratulations, you hit 100!