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16 September 2018 | 1 reply
If you're not familiar it basically recommends that you have a bunch of bank accounts (income, profit, owner's pay, taxes, and operating expenses) and when money comes in you distribute it among your bank accounts in some predetermined percentages (profit first of course!)
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1 October 2018 | 9 replies
You may later also transfer retirement funds that you may have transferred to the new employer plan if that new 401k plan allows for outgoing transfers of amounts rolled into the plan.
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11 September 2018 | 2 replies
I have money in savings that I can use as down payment, but with not showing much income right now, will a bank approve me?
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12 September 2018 | 0 replies
One question that has come up as I begin the rehab process is about how long will banks or loan officers require consistent rental income for short term rental until they'll approve a refi?
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13 September 2018 | 2 replies
Have any of you used 2 email addresses and had the incoming funds routed to 2 separate accounts at a bank?
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19 September 2018 | 8 replies
The analysis may change depending on if you are flipping, wholesaling, buying-and-holding, etc. and also whether you plan to use financing or not.You'll also want to start thinking about such things as can you transfer your ownership share - what if one partner has children he wants to leave it to?
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12 September 2018 | 1 reply
need creative new ideas to qualify for local bank or credit union.unless any PML WANT help this dumb newbie disabled military veteran with ptsd get cash out refi so i can buy a 6-8 unit and repeat.
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13 September 2018 | 3 replies
@Jeremy Resmer Smaller banks or credit unions in your area - you just have to keep calling.
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11 September 2018 | 0 replies
The house is worth roughly 130 and I owed the bank 52 . if I refinance as a investment property the only going to give me 75% of the appraised value higher APR.
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9 January 2019 | 19 replies
@Dave Passey so basically the person is telling the bank they moved their primary residence.