This is where you are flipping on a "double close" wholesale deal.Not until you put your signature on the contract does it become binding and unchangeable.Assumable Loans.

As long as it was spelled out clearly in writing regarding why she lost some of the deposit in the time frame according to your state law (in Ohio it has to be on or before 30 days after end of lease or else tenant may be entitled to double the deposit), which I assume you did, then you have nothing to worry about.

I had a situation just like this a few years back, turns out they didn't like the idea of me having it rented so quick and getting in effect double rent.

Hi Everyone.I started a business providing accommodations to athletes last year and it really peaked my interest in real estate. I've listened to a couple hundred hours of podcasts and spent more time than I'd like to...

If you do a double close you are buying the property from one person directly then immediately selling the property to someone else.

Make sure you are a rockstar at sales - doubling your close rate on cold leads can be a nice multiplier on leads.

I don't want to get into a situation where I have to do double entry in two software products, one for property management tasks and then re-enter in QB to maintain my good financial tracking.

Another reason to get with an accountant is to just double check everything and make sure pre-2014 repairs shouldn't be classified as capital improvements and vice versa.

If you are going to do it, take title to the property and double close...assigning contracts is really unprofessional.

I believe as we continue this discussion I'm leaning more towards believing that the way we judge foreclosure vs eviction is unfortunately laced with a double standard.Perhaps we reserve the benefit of the doubt to those with similar "circumstances" in similar socio-economic backgrounds, working similar positions,etc.