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Hey everyone. I had a bookkeeping question. Each month, my property manager sends me a monthly statement including any expenses, repairs, rents, etc. And then at the end of the year sends me a 1099.Is there anything ...
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We are going to start billing new tenants for water usage (obviously by putting in the lease, units are individually metered). Does anyone mail monthly bills to their tenants for things like water?
If so, do ...
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I’m currently under contract on a 16-unit apartment complex. The broker’s pro-forma showed NOI of $51K, however, when I dug into the income statements, actual NOI was only $36K. I called the broker, and she explained ...
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Hi all. I self trustee my solo 401k. I am in the middle of refinancing a property in preparation to purchase another. Underwriting wants statements from my 401k. In this case, I have the solo 401k with the various ban...
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Hi everyone,My wife and I are self-employed and finding it difficult to qualify for traditional financing. Imposible actually. I stumbled up bank statement loans and just spoke with a loan officer for an hour asking a...
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Wanted to see if anyone here has done a bank statement loan recently. If you could share what the lenders name is, and what your experience was like I’d greatly appreciate it. Thanks!
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Hello, How do you get a mortgage payoff statement when refinancing or selling a property acquired through a subject-to? What if the mortgage holder is not cooperating? Mortgage companies can not disclose information a...
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I need help with my mission statement and business plan. Any help would be appreciated.
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I purchased an apartment building recently and was presented with a listing of security deposits that the seller had accounted for. They were single deposits. After the closing, I am finding out that several tenants...
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Best 90% LTV bank statement lender?