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Updated over 9 years ago on . Most recent reply

User Stats

47
Posts
10
Votes
Ben Naughton
  • Rental Property Investor
  • Cape Coral, FL
10
Votes |
47
Posts

Prorated Rent at Closing

Ben Naughton
  • Rental Property Investor
  • Cape Coral, FL
Posted

Im getting ready to make my first offer on a quadraplex here in FL.  From what I understand from reading is that it's desirable to close on the 2nd, 3rd, or 4th of the month in order ti collect prorated rent from the seller.  I spoke to my realtor and she wanted me to put the closing on the 1st and said if I closed on the second it wouldnt be cash or transferred to us but could only count towards the closing costs or price.

Any input with clarity on this issue is greatly appreciated.

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