Is this a good mortage loan? They want me to put down 50% down payment

Hello everyone, i recently got a loan quote and was wondering if the amounts is ok, seems like i have to put down 50% for a 1million loan. ( i would like to have extra money for other investments so i really hope i dont have to put 50% down payment) and seeing alot of people only put down 30-40% on a commerical property, Can someone who have experence let me know if i should swtich out of this loan or this is most likely the best i can get.

Here is some of the property detail,

Price: $1,795,000

Property Type: 5-unit multifamily property

Gross Scheduled Rent: $161,076/year

Total Expenses: $47,518/year

Net Operating Income (NOI): $108,726/year

Cap Rate: 6.06%

DSCR: 1.4

They want us to put Down Payment: $845,000 (52.9%)

Finance: $950,000

Interset rate is going be at around 6%

My annually income is around 170k

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u/Puzzleheaded-Log2264 — 6 days ago

What is the different between this japanese vs chinese style mahjong

Hello everyone, i am trying to download this game for my dad who is 77, i was wondering if this is good for him to play if he only know the chiense mahjong

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u/Puzzleheaded-Log2264 — 7 days ago

How much will you charge/paid for this stair

I had an inspection that found the stair framing is not adequate. I was wondering how much it would cost to demo, haul away, and replace these stairs. What would you charge or paid for this job?

u/Puzzleheaded-Log2264 — 17 days ago

Sb 721 does seller must fix the deck and stairs before selling for multi units 3+

Hello everyone I was wondering does the seller have to fix the staris/deck if the inspection said it need to be fix or does that falls on buyer after escrow?

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u/Puzzleheaded-Log2264 — 18 days ago

For auto insurance which one should i really paid for extra

Can anyone who knows alot of auto insurance let me know which one of those i should pay extra money for? this is just a quote for now, the car is a 2020 toyota pirus in california bayarea, about 7500 miles a year

Coverage Each Person Each Occurrence
Bodily Injury 30,000 60,000
Medical Payments 1,000
Uninsured Motorists 30,000 60,000
Uninsured Motorist Property Damage 3,500
Property Damage 15,000
Comprehensive Actual Cash Value Less Deductible
Full Comprehensive Safety Glass Endorsement ($0 deductible)
Collision Actual Cash Value Less Deductible
Collision Deductible Waiver
Rental Car Reimbursement Coverage $ Limit per day / max days
All Risks Actual Cash Value Less Deductible
Vehicle Loan/Lease Protection Endorsement
New Car Added Protection Endorsement
Original Equipment Manufacturer Parts (OEM) Endorsement
Ride-sharing Coverage Endorsement
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u/Puzzleheaded-Log2264 — 25 days ago

What is this Endorsements Premium in AAA home insurance

Can anyone help me understanding what it is Endorsements Premium in AAA home insurance, beacuase i am getting 500dollars less in that and my total cost is up 500 this year, i didnt change anything, so i want to get some information before talking to an agent. Thanks

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u/Puzzleheaded-Log2264 — 1 month ago

WOW the older ERA Pokemon cards are crazy bangers too

The new pokemon cards got me back after 20 years, but HOLY MOLY I just bought a PSA 9 Gengar ex and it is so beautiful in person, The background ART is CRAZY ( Just look at it), I am in love and i have to say this is going be my TOP 3 favorite, I think i am going collect more the old era ex, the other ones looks so badass, what other pokemon would you recommended with sick style like this.

Gengar EX - 090/088

Charizard EX - 081/080

Dragonite EX - 098/087

u/Puzzleheaded-Log2264 — 1 month ago
▲ 1 r/Dell

Trying to connect a desktop to a monintor in another room

Hi everyone, i want to ask what is a best way to connect a moninntor in another room from my PC so i can move freely, i heard about the wireless HDMI Transmitter but i know there is a very small delay, what is the best HDMI Transmitter out there and that dont require drilling a hole between wall? Thanks

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u/Puzzleheaded-Log2264 — 2 months ago
▲ 18 r/Hayward

how safe is Upper B street the grocery outlet area?

Thinking moving over there becasuse i got a job at east bay university, does any one know near the B street the grocery outlet safe or not?

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u/Puzzleheaded-Log2264 — 3 months ago
▲ 7 r/Mold

Hello, i am currently trying to purchase a property, and this is how the bathroom looks like, is this mold?

u/Puzzleheaded-Log2264 — 3 months ago