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Hey BP team. I was browsing Zillow with my wife, going through some ugly homes. When I noticed a note on a foreclosure. This house is being sold for 19k. If a buyer was to purchase this house. Would they have to pay t...
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My friend is getting a divorce and is underwater with her mortgage. Refi'd last year for 100,000., the house appraised for 110,000. Said house would possible sell now for about 85,000. Neither party can afford the ...
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Hi All,
Anyone who has invested the mortgage balance (instead of paying down mortgage), how did you do it? Did you do it in a way where you could have an automatic withdrawl setup that pays monthly mortgage payments?
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How do you search how much is remaining on the balance of someone's mortgage.
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Good afternoon,Ive got a quick questions regarding reconciling on quickbooks. I just signed up for QB and all of the info has been imported and categorized for 2018.When I go to reconcile, It lists a starting balance ...
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I purchased an investment property on LC/Owner Financing. I have secured long-term financing. How is it determined what the payout is? I pay the seller monthly. Do we just use an amortization schedule?
Or is this ...
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Hello All,
What are the thoughts on paying off a mortgage prior to buying my next rental property? I could have a rental ($35k owed) and my home ($103k owed) paid off in the next three years. Does this make sense to ...
Hi, I'm working on the balance sheet for my rental (multi-member LLC) and need help. Rental bought in 2023 and initial return.For assets - Cash, depreciable assets less accum deprn, landFor liabilities - Open credit c...
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I've been thinking this weekend about something I heard someone say about the cost of something over time.
It was something about purchasing a home with a mortgage, and having the total amount of money paid for that ...
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Question, if the arv is 315k repairs 25k my fee 10k mortgage balance 105k discount at .82 I contract it at 118.3k and sell it to my buyer for 118.3k?