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, ...
I purchased a note that had a UPB that was near $100,000 on the tape. When all said and done and boarded with a servicer the UPB was recorded as about 3/4 of that number. The borrower admittted to owing the higher...
I'm hunting for a local bank to refinance the balance I have on my HELOC and 401K that I used to purchase my 1st rental property and renovate it. The estimated market value is $165K and I have $130K outstanding betwee...
I have been studying several notes I have recieved in my email. Most of them are non performing 1st. Could someone who is familiar with working with non performing 1st please help me in how to properly conduct the ...
I am trying to find the mortgage balance owed on a property, I was told it's public records on the clerk of court website but I don't seem to see it...? I'm looking in Hillsborough county, FL.
Thank you to anyone who can advise me in this situation. Tenants complained that the washer and dryer are not working. I sent a technician to trouble shoot. He said the washer would not empty because it was off balanc...
Newbie ?'s
I am trying to do my research properly, any help greatly appreciated.
There is a home I am interested in coming up at auction. The appraised value $65,000 therefore opening bid would be Approximately $42,...
I am researching a note I came across. AT first it seems like a pretty standard note. It is a Mobile home with the lot for sale for 45000. The Owner received $20,000 down and carried a note for $25000. The interest...
I hate to ask another question about Quickbooks on the forums but after reading numerous threads I haven't been able to get an answer for my situation.I recently had someone from my CPA's office help me to set up Quic...
Hey BP,
I have a property under contract for ~80K.
I have a family relative who is interested in a trust deed investment (1st position). However, I'm not sure how the taxes and interest payments would be calculat...