QUESTION from Stacey:
Hi Mike,
I’ve watched every video that I have access to, but I am still unclear on how to put in my private loan balances.
For example, I purchased a property last year.
I borrowed money from a private lender, put that in my account and then paid cash at closing.
I borrowed money from a private lender, put that in my account and then paid cash at closing.
I entered the closing statement as a check.
Where do I enter the $50,000 loan I’m paying on every month? (I memorized a check I can send every month, but I don’t know where to put the balance of the loan.)
If I could have help with one of these properties,
then I am hopeful I could input the rest of them correctly.
Please advise! Thanks!
Stacey
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