“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”
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.
Here is your first 7 minute video
15 minute video shows you how to enter Stephen closing statement
Click the lower right corner to view larger
remember to follow the 3 steps AFTER you sell a property