Nathan Waters
Profit and Loss Statement on Rental Properties.. Mortgage?
When you write up your profit and loss statement, how do you break down the mortgage? Is the interest, taxes and interest the only loss? I'm assuming principal is not written in the loss category even though it goes a...
Nancy Carr
Statement of claim. Eviction/unlawful detainer Jefferson county
Tenant stopped paying rent. Posted the Notice of Right to Cure and Termination Notice on Sept 4. Of course, no response. So I need to file the Statement of Claim, and have questions about the form and process.Do I com...
Ashley Cast
Question: Short Sale wants Bank Statements Before Approval
Hello Biggerpockets,I have a question.I submitted an offer on a Short Sale property. Now the bank wants bank statements before they approve the deal. I sent in my Hard Money Lender's Approval Letter but they still wan...
Lexi Teifke
Real Estate Statement that I love. Simple but wise.
If the property can generate adequate net operating income to support sufficient debt to finance the property and provide a satisfactory cash return to the developer-investor, the project is financially feasible.Good ...
Ade O.
Hud requestiing bank statements from a hard money lender
I just had a deal fall apart because hud requested the hard money lender show a bank statement or letter from their bank showing they have enough funds to close the deal, when I told the lender about this they were du...
Kevin Kim
OOS 1st rental property - PM is asking Closing statement
GM All
I closed my 1st rental property and now I am working with PM company.
Local PM is asking some closing statement. Do we need to provide closing statement?
It has been 1week since closed. Now PM company will ...
Allen L.
Seller's agent showed my bank statement to the seller
I submitted a bank statement as POF for a cash purchase to the seller's agent. She in turn sent it to the sellers and had them initial the pages. This seems like a leak of sensitive information, and it makes me angry ...
Martin Estrada
12 Month Bank Statement Loan/1 Year Tax Return
Hi , I am a 1099 contractor and looking for non prime lenders. I am based off New Jersey.
Peter Sik
Verification of funds within 5 days - bank statement ok?
I am in contract of purchasing a property in Montgomery AL. According to the contract, I need to provide "Verification of funds within 5 days". Listing agent is asking for bank letterhead for that. But the thing is t...
Bryan Hancock
Audited Financial Statements - Cost As a Function Of X
For the tax wizards on the forum...For the moment suspend any sense of rationality and assume that there is a gov-mint mandate on startups that require them to do audited financial statements. They really don't have ...