Jonathan Bowen
Maintenace and Repair Allowance Percentage on Income and Expense Statement
I am currently listing an eight unit building which includes seven residential units and one commercial unit and have provided the seller of that building a pro forma income and expense statement with a 5% of e...
Jordan B.
Found out Seller lied on Disclosure statement month after settlem
Long story short I purchased a "flipped" home and now finding out the previous owner never obtained a permit for any of the work. This was my first home purchase and I missed a lot of the red flags I am now seeing. Th...
Jenny Milu
Statements That Potential Renter's say that make you nervous too?
I'm new at this, so please be kind! This is my first MTR and only rental at this time, I had one set of traveling nurses who were awesome and I just got a call from a second potential renter, yay! The unit has been va...
Daniel F. Harb
Question : With a "Bank Statement" loan, is FHA still Possible?..
Hello RE investors!I am looking to buy a owner~occupied property in Desert Hot Springs, California, and would love input on if I am able to purchase a property with a loan using a year and a half Bank Statements, an F...
Aaron Mazzrillo
The answer to those "wholesaling is illegal, unethical, immoral" statements...
$7M on one deal and it's out there for the whole world to see.http://therealdeal.com/blog/2014/10/14/joel-schreibers-waterbridge-flips-williamsburg-contract-for-106m-sources/Now, all you naysayers, please have a seat ...
Patricia Cote
Suggest a program or template to send statements to tenants?
I have properties that I purchased and I am seller financing to the tenants. Is there a program or template somewhere that I can use to generate statements to send them telling them how much they have paid, how much ...
Bruce Botwin
What are the best bank statement loans in Philadelphia now?
Hoping to get a referral from someone already doing business with lender in the Phila area that we can grow with. Would require stated loan or limited doc due to owning business and lower tax returns.
Victor Omoniyi
Gain/Loss to Lease - Line Item on Cash Flow Statement?
Hello BP Community,I am analyzing a deal and I see the Gain/Loss Line item on the CF statement - it's a positive value - so severely inflates my Potential Gross Income. My questions are: -Kindly explain in layman term...
Michael Knaus
Can a 401K statement be used as proof of funds?
When buying from the bank, some banks ask for proof of funds. I'm wondering if a statement from a 401K showing enough funds would suffice. Anyone ever try it?
Victor Omoniyi
Gain/Loss to Lease - Line Item on Cash Flow Statement?
Hello BP Community,I am analyzing a deal and I see the Gain/Loss Line item on the CF statement - it's a positive value - so severely inflates my Potential Gross Income. My questions are: -Kindly explain in layman term...