
25 September 2018 | 22 replies
The housing prices there have also skyrocketed, however; there is a whole bunch of apt complexes being built up now that might eventually balance out prices.I've never bought anything down in Chatt, but all of my investor buddies say it's a great place to find good rentals.Let me know if I can help locally in Nashville and the surrounding areas.
24 September 2018 | 5 replies
How is that particular account titled and how is it listed on the balance sheet?

24 September 2018 | 18 replies
The maximum amount that the plan can permit as a loan is (1) the greater of $10,000 or 50% of your vested account balance, or (2) $50,000, whichever is less.https://www.irs.gov/retirement-plans/retirement-plans-faqs-regarding-loans

25 September 2018 | 3 replies
Any payments on the balance remaining from the original loan must be included in the debt-to-income ratio calculation for the refinance transaction.Note: Funds received as gifts and used to purchase the property may not be reimbursed with proceeds of the new mortgage loan.The new loan amount can be no more than the actual documented amount of the borrower's initial investment in purchasing the property plus the financing of closing costs, prepaid fees, and points on the new mortgage loan (subject to the maximum LTV, CLTV, and HCLTV ratios for the cash-out transaction based on the current appraised value).All other cash-out refinance eligibility requirements are met.

10 October 2018 | 5 replies
If they do exercise their option, the lease ends after 180 days and a new owner finance contract begins where the monthly payments are the same as the lease payments ($1K/mo), and a balloon payment is due on the 24th month for the balance of the sale price.Thanks,Victor

19 September 2019 | 34 replies
Essentially had three 401Ks with different custodians and simply did a “rollover”.Luckily, my laziness paid off as most folks are told to roll it over to the current employer... bad idea unless it’s either mandated or required (usually <5K vested balance per 401K).

12 November 2018 | 14 replies
Every LLC then needs to file a tax return and should be showing profit and loss and balance sheet separately.

25 September 2018 | 25 replies
Balance along the route is nice..

23 September 2018 | 2 replies
The program is robust and has everything you would need as far as printing checks, reports, P&L, balance sheets, etc.

26 September 2018 | 20 replies
ours is more in the 50 to 60%.. some builders can get 70 to 80 but that's one smaller balance deals were they just do 2 to 4 houses a year so the bank is not taking a huge leap.