I need to build a balance sheet for my properties. What I have so far... Assets, cash and the properties. Liabilities, balances owed on properties, credit cards and lines of credit. Am I missing anything there? Also, ...
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?
Does anyone know how to find the mortgage balance left on a property?
My mortgage was sold to another institution last year and it seems like they handle escrow differently. My previous bank would pay the taxes and insurance when due and collect those balances equally throughout the yea...
I have been investing in 2-4 unit properties for the last couple of years. In general, cashflow and cash-on-cash returns are my primary drivers. However, my purchases have been in areas with stronger than average ap...
I have came across sellers with the intention to wholesale their properties. The sellers I have talked to had mortgages on their homes. I did not want to touch homes that had mortgages on them. The minute they said mo...
Hey, Started to gate tapes from different sellers recently and i noticed a few columns which i'm not sure how to interpret and what is their impact - Corporate Advances/Deferred Balance, can anyone shed some light? is...
I'm a newbie who has been at it for a year and a half. Early on, I had a coach that really stressed social media advertising over all other methods. We spent countless hours while I tried to master Facebook ads, getti...
Sorry if this is a double post, I don't think the one on my phone posted though.....So normally when buying a pre-foreclosure (or any house), one gets a payoff (which includes pro-rated interest, any fees, etc.) from ...
I'm reviewing the financials for an LLC that owns a single apartment complex and have a few questions. I ask because I don't know if there are any practices common or unique to the multi-family industry that I'm not ...