Remove Claims Remove Debt Remove Income
article thumbnail

Key Financial & Safety Metrics for Subcontractor Qualification 

Autodesk Construction Cloud

FINANCIAL RATIOS: DEBT . Debt Ratio . Debt Ratio measures the extent of a company’s leverage. It can be used to determine the proportion of a company’s assets that are financed by debt. Debt-to-Equity . Debt (Less Cash) to Equity . Formula: Net Income / Total Assets . Net Profit Margin .

Safety 94
article thumbnail

Salary Needed to Afford a Home in the Top 15 Metros

Pro Builder

SmartAsset identified the salaries needed in the 15 largest metros to afford an average home payment and not exceed the recommended 36% debt-to-income ratio. The site compared median home values, property tax rates, down payment, homeowners insurance, and other debt payments to calculate these results. and Philadelphia.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Biden Announces New Plan to Help Homeowners Save on Mortgage Costs

Pro Builder

households save an average of $800 in the year ahead, the White House claims. According to the White House, more than 80% of FHA borrowers are first-time homeowners, and over 25% of the homebuyers are people of color; the program does not have a minimum income level to qualify, but debt levels and credit ratings are still taken into account.

Plans 52
article thumbnail

Energy Innovation: Solar Energy Solutions Continue to Gain Momentum

Pro Builder

Among the leaders is Minnesota, which approved a solar garden initiative in 2013 and claims about one-third of the country’s community solar generation. Located on 10 acres in a Denver suburb, it serves some 500 low-income homes. . You don’t have to worry about damage on the roof, or if you want to sell or demolish a building.

article thumbnail

Some secrets of surviving 28 years in business

Construction Marketing Ideas

After almost three decades in business, I cannot claim great success. The company is not flush with cash, and my wife remarks when I tell her the income I draw from the organization: “That’s nuts, you are working for practically nothing.” Debt is a pain. Bank debt can be a killer.

Debt 48
article thumbnail

North Dakota Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Agriculture Partnership in Assisting Community Expansion (Ag PACE): This program has been established to buy down the interest rate on loans to farmers who are investing in other nontraditional agriculture activities to supplement farm income. The total buy down amount per borrower may not exceed $20,000 per project or biennium.

article thumbnail

North Dakota Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Agriculture Partnership in Assisting Community Expansion (Ag PACE): This program has been established to buy down the interest rate on loans to farmers who are investing in other nontraditional agriculture activities to supplement farm income. The total buy down amount per borrower may not exceed $20,000 per project or biennium.