This account runs a credit balance year to year.

Every other field of work has checks and balances.

The owner of the home Agreed to hold the financing.We gave them 5000 down payment and 1000 per month for 12 months or until sold which ever comes first.We closed on the property and did all the work and then sold it.Paid the Home Owner the balance ode.It was a big win win for both

Applications for commercial construction loans should be limited to balance sheets and other information customarily collected for commercial real estate lending.(2) Section (1) of this rule is self-executing and does not require filing or a fee.

Then you balance how much money you need to have on hand with other factors, such as number of rentals, monthly income, monthly cashflows, etc.

I'm currently in debt with about $7,500 remaining balance on the truck I purchased a couple years ago and im super excited to pick one stragety and become succesfull to invest in.

Once I figured out how to set categories for my income and spending, tags so I could run reports specific to an asset (e.g. seperate tag for each rental property), and set up asset and Liability accounts so I could do a balance sheet, I was able to run detailed income and expense statements and balance sheets and rental property specific reports which have always satisfied my accountants. 

The balance needs to be paid by 5/31 before it goes in foreclosure.

My mortgage balance is $375K, so $525K profit if i sell.MY STORY: My friend lives with me and we both do not want to move. 

I'd hang tight and enjoy your cash flow for a while and the asset on your balance sheet.