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  • A measurable floor area that is usable. Read More
  • Total income, before deducting taxes and expenses. The scheduled (total) income, either actual or estimated, derived from a business or property. Read More
  • The income you earn in a month before taxes and other deductions. It also may include rental income, self-employed income, income from alimony,(...) Read More
  • Gross Operating Income is the actual amount of rental income an investor receives to service or operate the property, minus vacancy and credit(...) Read More
  • The amount of rent that an owner would collect if all apartments were occupied and all residents were paying the market rent. Read More
  • The ratio of the price of a rental property to its gross rental income before expenses. The GRM is a metric that helps to calculate how many(...) Read More
  • The total amount of money actually collected in rent plus fees, including parking fees, pet fees, advance rent, and others. Read More
  • The total income generated by a property divided by the price paid for the property plus any associated costs. Gross Rental Yield = (Monthly(...) Read More
  • Gross Scheduled Income is annual rental income an investment property could potentially produce if 100% of units were rented (Actual rental(...) Read More
  • The gross yield of an investment property is the total rent collected compared with the market value or purchase price of the property. Read More
  • Refers to electricity's habit of seeking the shortest route to earth. Neutral wires carry it there in all circuits. An additional grounding wire(...) Read More
  • A device that is used to protect from injury caused by contact with stray electrical currents that could be the result of faulty appliances or(...) Read More
  • The plumbing drain and waste lines that are installed beneath the basement floor. Cast iron was once used, but black plastic pipe (ABS) is now(...) Read More
  • Usually, a long-term lease of land with the lessee permitted to improve or build on the land and to enjoy those benefits for the term of the lease. Read More
  • Payment for the use of land when title to a property is held as a leasehold estate (that is, the borrower does not actually own the property,(...) Read More
  • Water from an aquifer or subsurface water source. Read More
  • Hydrous mortar whose consistency allows it to be placed or pumped into small joints or cavities, as between pieces of ceramic clay, slate, or tile. Read More
  • A fixed-rate mortgage in which the monthly payments increase according to an agreed upon schedule, with the extra funds applied to reduce the(...) Read More
  • An individual legally obligated to pay a debt in the event of borrower default. Guarantors pledge their own assets as collateral against the(...) Read More
  • A Gull wing roof is the opposite of a gambrel roof, where each side of the gable is divided into two sections. On a gull wing roof, the upper(...) Read More
  • A flat wood, plywood, or similar type member used to provide a connection at the intersection of wood members. Most commonly used at joints of(...) Read More
  • Remove everything from a room or building, including the wall covering, until all that's left are the framing, subfloor, may also entail(...) Read More
  • A channel attached to the fascia board designed to carry away water that runs off the roof surface. Read More
  • A type of wallboard made from layers of gypsum (plaster of Paris) and paper; commonly used in walls and partitions as a substitute for plaster. Read More
  • Gypsum formulated to be used with the addition of sand and water for base-coat plaster. Read More
  • A type of wallboard made from layers of gypsum (plaster of Paris) and paper; commonly used in walls and partitions as a substitute for plaster. Read More
  • Any room used as, or with the intended use of sleeping, cooking, living, or eating; enclosed spaces such as toilets, landings, halls, lobbies,(...) Read More
  • A half hip roof has two gabled ends. Near the peak of the gable, there is a small hipped section that extends to the ridge. Read More
  • A roof with gables extending past the normal ridge of a hipped roof with the hipped roof planes on the lower section. Read More
  • A moveable showerhead that is connected to the water supply with a hose. Hand showers are an alternative to a fixed showerhead, especially in(...) Read More
  • A person who performs specialized work in small home repairs and improvements. A handyman is typically a sole proprietor, and may or may not be(...) Read More
  • Usually short-term loans designed for properties that do not cash flow, situations requiring quick closings, or borrowers or transactions that(...) Read More
  • A dense fiberboard made by first reducing natural wood to fibers, and then pressing the fibers together. Hardboard is available in various sizes(...) Read More
  • Elements that are made of stone, concrete, tile, or brick in landscaping. Paths, walkways, driveways, etc. are typically made of these materials(...) Read More
  • All of the "metal" fittings that go into the home when it is near completion. For example, door knobs, towel bars, handrail brackets, closet(...) Read More
  • Hardwood comes from broad-leafed trees, such as oak, ash, maple, etc. This is different from softwood, which comes from coniferous trees. Read More
  • An extension, knee like protrusion of the foundation wall that a concrete porch or patio will rest upon for support. Read More
  • Real estate insurance protecting against fire, some natural causes, vandalism, etc., depending upon the policy. The buyer often adds liability(...) Read More
  • A beam that extends across a window, door, or stairway opening. Read More
  • The floor area in front of a fireplace, or the actual floor of the fireplace. The hearth is usually constructed of brick, stone or cement. Read More

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*LYNK Capital Fund, L.P. operates as LYNK Investments, LLC in the state of Texas.

Disclaimers: LYNK Capital makes loans solely for business purposes (and not for personal or consumer use) and is exempt from licensing in all states in which it operates. LYNK Capital Fund, L.P. does not lend on owner-occupied properties. Listed rates, terms, and conditions are offered only to qualified borrowers, may vary by loan product, deal structure, property state, or other applicable considerations, and are subject to change at any time without notice. No information on this site is intended to, or shall, created a legally binding commitment or obligation on the part of LYNK Capital Fund, L.P. and all terms are expressly subject to LYNK Capital's credit, legal, and investment approval process.