I love watching tire commercials on television. They tend to reveal a lot about the company advertising. Take the latest NTB commercial, for example. The outlets are selling a $39.99 tire with all the extras in the price. They are as follows: * mounting, * balancing, * valve stem and. * flat repairs (for the life of the tire), Free tire rotation also is included for the life of the tire. That is a pretty low-priced tire! (Some 15 years ago, there were P155/80R13's in Florida selling for $5.95 a tire.
1 LTV â Typically, for a 1-unit, investment property purchase, a 20% down payment is required (an LTV of 80%). 2  For a 2-4 unit investment property purchase, a 25% down payment is required for an LTV of 75 percent. 3  Credit Score â The minimum credit score needed (for Quicken Loans) is at least a 620.
Your down payment is the difference between the home value and the amount a lender is willing to finance, a percentage known as loan-to-value. For example, if the condo's appraised value is $200,000 and your lender can finance a maximum loan amount of $160,000, your down payment is $40,000.Forty thousand dollars equals 20 percent, therefore, your LTV is 80 percent.uyers who use the condo for investment purposes or as a secondary residence may require 10 percent to 25 percent down, depending on the loan type and whether it's a Fannie or Freddie program.