Charleston continues to be one of the most dynamic real estate markets in the Southeast — and for good reason. Historic charm, economic diversity, and strong tourism have fueled consistent demand, but that growth also...

So, $249K balance + $20,000 cash to close and pay everyone, catch up arrears and closing costs.

Good evening investors family I am in the process of closing a sub 2 deal and would like to get some advice from you all.the house price is 317,000 thousand balance 235,000  interest rate 3.12% morgage tax and insurace payment is 145040.000 initial payment with all expencis is about 317,000 this is located in winter heaven Frorida. it will rent for about 2200.any advice will be welcome.

As I was living out of the country, I set up 'auto-pay' for regular bills, and alerts on bank accounts to keep abreast of any excessive dips in balances or unusual activity in general.

As I was living out of the country, I set up 'auto-pay' for regular bills, and alerts on bank accounts to keep abreast of any excessive dips in balances or unusual activity in general.

My loan balance is about $485k.

They are done on a Cash basis, pay attention to the transactions and balances they show.

The borrower showed us a tax return for 2023 that showed he had paid $2,050,000 for the subject property as this was the acquisition cost listed in the modified balance sheet as part of the corporate tax return.  

The return of this kind of normal balance is a sign of a much healthier, more sustainable market.

As I was living out of the country, I set up 'auto-pay' for regular bills, and alerts on bank accounts to keep abreast of any excessive dips in balances or unusual activity in general.