And your mortgage balance is now $350,000.

I'm not saying the market is going to tank, but it is balancing out to where buyers have more leverage than they did a few months ago.

Sometimes it's a fixed % off whatever capital balance is remaining and other deals where it's a fixed $$$ regardless of what's going on with the deal.I've also seen deals where there's a "clawback", in which the preferred return is given out only after the refi/sale.

It is important to strike a balance between debt and equity to achieve the desired level of leverage and optimize the returns from real estate investments.In the next post we will cover ‘Income projections’ for financial analysis.

It sounds like you're already on the right path balancing a stable salaried position with your role as a real estate agent to help build experience.

I have found quite a few templates from various sources but in my experience, they have all been either too detailed and lengthy or far too vague and general to really help in any way but this one looks to be the perfect balance between being thorough and not being overly detailed and lengthy.

For taxes purposes cash you can push it to next year, from a GAAP perspective if you were ever selling accrual is better because your 2022 balance sheet would look better.

If someone doesn't clear that tax balance soon the county is going to foreclose on his property and he will be kicked to the curb (I don't know how it hasn't happened already, frankly).  

It considers it an Asset and will show up on your Balance Sheet.

Money for rent could be used for other things while the credit card balance ticks higher and then they end up in a crisis.So I am undecided.