A tenant recently moved out and left our unit in a complete mess. In the move out statement, we charged for all the cleaning and damages however recently discovered additional damages that we didn't charge for in ori...
I have a Commerical loan which was taken out to purchase a mixed use property. I've had it for 1 year.
A portfolio manager from the lender reached out asking me to provide a financial statement for the previous year....
Hello everyone! I’m currently trying to purchase my second multi family rental property. My first rental was a fully occupied triplex. One thing I did not vet in that purchase was if the tenants were actually paying. ...
Hi all,
I assume this a question for you CPAs out there:
If I'm utilizing hard money loans to purchase properties, should I be receiving a Form 1098 Mortgage Interest Statement from that hard money lender? I'm not s...
Just helping someone with this and since she's self employed and the bank asked her for a profit loss statement for her business, should she distinguish between accounts billable and accounts receivable, or should she...
Hi guys looking to purchase my 1st property , due to a family emergency I need to start looking for a property now instead of waiting one more year for qualified mortgages. I have a successful last mile delivery servi...
Hi,
I'm self employed, but my business didn't have that much income this past year. I sold a property this year and made a good amount in the stock market, so I have those proceeds available to purchase a primary re...
When should a landlord require to see bank statements of the applicants to see their financial stability?
I was recently advised that is common practice in the industry NOT to ask for personal bank accounts UNLESS th...
Anyone know of any bank statement/ non qm loan programs available for purchasing a property in the Virgin Islands ?? Open to any other creative financing ideas as well !Thanks so much!
I'm trying to register my condo with the City of Los Angeles (HCIDLA) so that I can receive a copy of my property's registration statement. I understand that I must pay an annual registration fee and submit my propert...