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Updated over 4 years ago on . Most recent reply

User Stats

126
Posts
45
Votes
Roy Gottesdiener
  • Rental Property Investor
  • Singapore
45
Votes |
126
Posts

ACH and giving access to my account

Roy Gottesdiener
  • Rental Property Investor
  • Singapore
Posted

About to purchase a duplex with a private lender (they seem legit, saw their name plenty of times on BP and good reviews, but can never be too sure).

As this is the first time I purchase a property with a lender I'm a bit worried I need to give access to my account so they can debit monthly, because basically they can take as much as they want. Are there any ways to protect myself?

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