11 July 2007 | 1 reply
Also setting up a system in your bank to pay off your mortage(like direct deposit) so you don't even have to "work" while you own.
12 December 2007 | 12 replies
For example, security deposits, any expenses (such as a "finders fee") that doesn't meet the definition of a qualified exchange expense (should be POC) , ditto any cash needed for the purchase and closing of the replacement property POC (for example, home inspection, termite, roof consulting, survey, lender points, utilities).
25 April 2014 | 5 replies
A few offers, no closing.My dilemma and need for mentoring and advice: I have $100,000 in cash to invest but now without a W-2 source, a job or any income besides the annuity mentioned above, even the Bank I've had a relationship with for years and have over a half million $ in deposits or investments with, won't even consider lending to me for even a home equity line of credit, much less to mortgage an investment property.
19 September 2013 | 9 replies
I have noticed the on the S and P agreement with the seller and the wholesaler (me) states the price the seller will be paid for their property, as well as a earnest money deposit.
18 October 2013 | 4 replies
The terms are looking like "an assignment with $5K earnest deposit, and possibly $63900 with 21 days to close".Can someone else check this out and tell me what you think?
24 October 2013 | 15 replies
We have only once needed to retain a security deposit and that was because the tenant "bugged out" early to catch a flight home for a family emergency.
2 December 2014 | 53 replies
I have always allowed pets with a non refundable deposit.
20 July 2014 | 2 replies
Bank statements can also show deposits, though sources aren't always identified.
25 July 2014 | 11 replies
I told them if I can fill without vacancy I would not hold their deposit except for damages.
4 August 2014 | 16 replies
So tenants applying to live in a condo are told from the start that there will be another application process, interview, and the association's own security deposit (in 2 of our 5 complexes).