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  1. #1
    Join Date
    January 17th, 2005
    I'm trying to get a mortgage and since I'm self-employed the bank wants a balance sheet among other docs. Since all my income comes from affiliate marketing I'm not sure what to put down as my assets and liabilities.

    So does any one have any ideas what I should do for a balance sheet?

    Anyone ever buy a house and get a mortgage with their primary income generated from affiliate marketing?

  2. #2
    Full Member
    Join Date
    January 17th, 2005
    I did. I had to do a NO-DOC loan. The interest rate is higher, but if you have good credit, it is really easy to do. You can always refinance later.

  3. #3
    Join Date
    January 17th, 2005
    I was trying to avoid the no-doc route. I have all the documenation to do a regular loan. I just need some advice on what I should put down on my balance sheet.

    Anyone here who's business income is from affiliate marketing have a balance sheet? If so what do you put down as assets? Domain names? Website? Computers? How do you value a domain name or a website on a balance sheet?

  4. #4
    ABW Veteran Student Heyder's Avatar
    Join Date
    January 18th, 2005
    Very simple

    Your domain name is your greatest asset. It's value is equal to it's income over a period of time. The period of time should date back to the date of registration to the present. So if you've had a domain for 2 years and it earned you $60,000. the domain is worth 60k.

    Your assets are 60k. Now the next thing to do is to insure your domain for it's $60k value.

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