Ronald Williams
Real Estate Investor
21 February 2020 | 2 replies
Williams received from his loan officer on September 14th: “See attached for the estimate including daily interest, prepaid taxes, NWA fees, and earnest money down.
Humberto Perez
Underwriting denied my loan
22 February 2020 | 20 replies
It is also known as prepaid interest and it is a way to reduce your interest rate.
Tommy Kerwick Jr.
Expense Tracking+systems for multiple properties
20 February 2020 | 9 replies
When I had a number of mortgages to pay, the monthly mortgage payments consists of a number of debits, and a number of credits, so I press one button to make all the entries for each transaction, and you can have it scheduled that'll automatically enter it when you open up QuickBooks.
Jeff Stephenson
Analyzing a small boat storage facility
24 February 2020 | 5 replies
You will get prorated at closing for the pre-paid rents, but you're right it will take longer to raise their rates.
Ry Dill
How do you keep your books?
15 April 2020 | 5 replies
Namely, the absence of a ledger and debits/credits, and the way it organizes accounts.
Kevin Tillery
REFI WITH LATE PAYMENTS?
6 April 2020 | 2 replies
Thought payments were prepaid for 3 months.
Noah Barba
Cash Needed at Closing
6 April 2020 | 4 replies
I've read something about prepaid expenses, but I'm sort of lost in all the real estate lingo.
Kevin Tillery
REFINANCE WITH LATE PAYMENTS?
6 April 2020 | 0 replies
Thought payments were prepaid for 3 months.
Kevin Tillery
CASH OUT OR RATE AND TERM WITH LATE PAYMENTS?
6 April 2020 | 1 reply
Thought payments were prepaid for 3 months.
Dan McKenna
How to get Sellers credit when closing costs are zero
7 April 2020 | 2 replies
Most mortgage programs will not allow seller credits to exceed closing costs or prepaids because then that credit bleed over to the down payment.