21 June 2024 | 14 replies
@Michael KattouahOne of the few things that I've learned in college that has actually stuck with me is that life is an income statement game, not a balance sheet game.I'll pay you $100,000,000 for a $300,000 house if you let me pay you $1,000 a month for the next 8,334 years.
11 August 2023 | 18 replies
But we have found ourselves having to deed properties between my wife and myself to help balance that debt & income load to make those formulas work for the lenders.

12 September 2019 | 3 replies
I want to pay off the HELOC I used to purchase these last to rentals (balance of 23K on my primary residence) and use the remainder of the refi or investment HELOC money to go and reinvest on another "cash" deal.Hoping there aren't too many details here to make sense of all of this!

3 June 2020 | 22 replies
Lots of unforeseen issues and it's important to attempt to balance what's practical vs what's possible.

15 December 2019 | 9 replies
This account runs a credit balance year to year.

14 January 2020 | 7 replies
Every other field of work has checks and balances.
31 January 2020 | 3 replies
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
15 October 2019 | 9 replies
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.

17 October 2019 | 9 replies
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.

16 December 2019 | 11 replies
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.