In the context of CoreProp, debt can refer to the amount of money that a property developer owes to a lender, such as a bank or a financial institution. Debt can also refer to the amount of money that a property owner owes to a mortgage lender.
Debt is an important factor to consider when investing in property. Property developers with high levels of debt may be more likely to default on their loans, which could lead to financial losses for investors. Property owners with high levels of debt may also be more likely to default on their mortgages, which could lead to foreclosure.
Investors should carefully assess the debt levels of any property developer or property owner before making an investment. Investors should also consider the terms of any debt agreements, such as the
interest rate, the repayment schedule, and any other fees or charges