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Updated almost 9 years ago on . Most recent reply
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Need help with what to do with cash
I have found some great people to move into my rental. they are signing a lease today and it starts June 1st. They are not moving into it till August though. They have agreed to pay half the rent the first 2 months and pay an additional 50$ / month for the other 10 months to make up for my lose. I will be living in the unit till they move in on August 1st. what i am wanting to know is, what should i do with the half rent they will be paying for the first two months. should i keep paying my mortgage completely out of my pocket and save up the half rent they pay? Or should i put the half rent towards my mortgage and my my payment out or my pocket less?
thanks