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Hi everyone!When I go to the bank for a new loan, they require me to fill out a personal financial statement. I own more properties than what they give me room for on their spreadsheet. I am simply wondering if anyo...
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Does anyone out there have a spreadsheet where they keep track of their net worth/ personal finacial statement? Every time I fill out one for a bank(which never has enough room for real estate) I tell myself that I...
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I need help finding the best personal financial statement form. Professional and bank approved.Thanks...
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Say you have a small collection of properties which are under lease. Is it possible to list the remaining expected lease payments minus expected monthly expenses on a Balance Sheet for the purposes of acquiring finan...
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While researching the best options for incorporating I have found that a Series LLC in Texas is an easy and viable option. If I am not mistaken, in order to maintain asset protection the financials for each "child ser...
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When buying or investing in a property, your credit score doesn't mean crap! Its all about your financial statement as to whether you are approved or not to buy.Agree or disagree and why?
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Greetings,I am talking to four lenders right now for a commercial loan for a 24 unit apartment building. They all have asked for a personal finance statement (giving me the option to use my own version). Does anyone h...
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Hi everyone!I run into this issue every time a buy another property! The banks need updated finacial statements and I have no good way to track this. In the past, I have just filled out the banks financial statement f...
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I am planning on creating an LLC with a couple of partners to buy our first investment property within the next few weeks. All are active partners and have equal stake. My question is about the visibility of the perso...
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Hi everyone,I am filling out my first FS for a loan and am a little overwhelmed. Should I consult a CPA? The lender? I have hesitated to reach out to the lender because I don’t want to appear like I don’t know why I...