Eric Rohver
401K loan as partial down payment?
I just found out that I can borrow up to $10,000 @ 3.25% from my 401K, but it gets paid back via payroll deductions. The only way to make larger payment on the loan is by paying the balance in full.
I'm an owner/occ...
Luis Prieto
Partial owner financing on a sale
Hello everyone,my wife and I are trying to sell one of our properties to my sister in law. Given that there won't be any commission fees, we would be happy to sell it for $195k. We currently owe $90k and my sister in ...
Nathan McBride
Poll: Do you accept partial payments?
I own a property management company in Baton Rouge, LA. We are in the process of transitioning over to AppFolio, and in the process we have decided to no longer accept partial rent payments and are instead requiring a...
Logan Fast
Charged too much for partial appraisal?
I have my first property under contract right now and I'm set to close in mid-January. I ran into some issues with my financing a couple weeks ago. The issue came during the appraisal process when they found out the p...
Timothy A.
Tenant deposited partial rent during dispossessory
Hi team, I could use some eviction advice. Tenant in Georgia owes $4500 of late rent. 3 day notice is passed and I filed the dispossessory with the court. She has since deposited $2k directly into my bank account and ...
Jarrod B.
Late Fees for Partial Rent Payment
Hey there guys, I have a question for you all in regards to late fees. I made the mistake by giving my tenants my bank account information and just had them deposit their rents into the account, well that opened up a...
Kim Hall
Journal entries for Mortgage Note Partials
I sold a partial on a mortgage note I own. How do I make the journal entries? Current UPB of note: $21,544.08I sold 90 payments of $300.15 for $20,000.How do I record this???
Lawrence Sudweeks
Creative terms with partial seller carry.
I've been working several configurations to get this to work. This is my first experience with focusing on terms instead of low cash offers. I'd love your ideas. Here is the breakdown.2/1 SFR House free and clear. Se...
Ricardo R.
Online Rent Collection without partial payments
Hi everyone. We have been using Cozy for our rental properties in regards to rent collection. Initially, their system was great and would not allow a Tenant to make partial payments; it would only allow a Tenant to pa...
Dan Blaylock
Where to find and buy partials?
Are there places where partials are listed for sale? I thought I'd find some here, but I don't see any. Paperstac has had only one that I'm aware of. Other than that, I'm not sure where to find them.I'm curious for wh...