Stephen asks:

“Mike, I am selling a property for $123,000 and unfortunately I have to bring a check for $3,000+ to the closing.

I am pulling my hair out trying to enter this HUD 1 Settlement Statement into Investor Books. Please Help Me, Stephen”

 

Answer:

Great question Stephen. You are not the only one who finds this a little different and challenging.

Here are two videos to show you how to do it simple and easy.

– the first is 7 minutes

– the second is 15 minutes

Remember, it does not matter if you are buying or selling.
– If you bring money to closing, you start with a check.
– If you leave the closing with a check, you begin with a deposit.

Mike Butler

Here is your first 7 minute video

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