I am looking to buy a mobile home park and ran into an interesting situation. The disclosure of the property released 1 year rent roll and income statement but the expenses seem a bit low. I asked for 2 more years of ...

Hello everyone,
I'm considering investing in a vacation rental property in Spain and I would like to create a projected Income Statement and Balance Sheet for the next 5 years to help me better understand the financi...

Hello all,Just a general question. I primarily work with hard money lenders to satisfy my needs when it comes to my projects as a fix n flipper, however there is also benefit if I'm able to work with conventional loan...

So I am using an agent to find a tenant for my property. I get an application and my agent says he is a nice normal guy.I get the application and it is MOSTLY complete and states he makes almost 18x the monthly rent I...

Hi
I applied for a DSCR loan to cash out on a free and clear 4plex held in an LLC but the loan officer is asking for my personal bank statements, personal home mortgage statements. I don't understand why I need to su...

Here's a little tidbit I noticed a few years ago that I thought I would share.  I'm giving a reverse example, as in I will show how my credit score dropped 59 points in one month because I forgot to do my "trick".The ...

So, what are you doing with your other investors who are putting offers on properties to have the servicer come back and say they need a bank statement?? POF in third party names are no longer acceptable with BOA or ...

Hi all,Can I receive a gift money from a friend who is actually a General Manager at my job?Any advice would be appreciated.Marin

Most people's eyes glaze over when you mention finanical statements and accounting to them. But I contest this is where the real money is made.

TRUTH = Once you understand your accounts you will make more money.

W...

I have a tenant wanting to lease my unit. However, they are self-employed.What is the best way to verify income for someone that is self-employed?