If you're in the market to purchase your first home, you may be wondering how to make your money stretch as far as possible -- bypassing the "starter home" to purchase a house you and your family can grow old in. You may naturally shy away from adjustable-rate mortgage products, worrying about a sudden payment jump at the worst possible time. However, in today's low-interest rate environment, purchasing your home with an adjustable-rate mortgage (ARM) can make good sense.
From backhoes to loaders and every piece of heavy equipment in between, you could easily shell out hundreds of thousands of dollars at a time to invest in the vehicles you need in various industries. This option is not always feasible if you are just starting out, so leasing can be an attractive option. Even though you may have a basic understanding of how leasing equipment works, if you are like a lot of construction managers, you are unaware of the fine details associated with different types of heavy equipment leasing options.