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You are replying to this message: | | Posted by SteveS/CA on 11/4/19 5:09pm
It's an oversimplification, but a very successful business person once said to me....."I look at my bank account. If I have more money at the end of the year than I had at the beginning of the year, then I know I'm making a profit". I read some of the formulas people post for figuring out exactly what it costs them to do a loan signing and it kind of boggles my mind as to the detail they get down to. It's not as simple as just looking at your bank account and it's not as complicated as some make it out to be. Just use common sense and logic :-)
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