I learned how much an escrow account check matters to your overall mortgage payment.

He ignored several attempts and only got involved when we sought outside help but has again become unresponsive. 

Foreign National programs sometimes require that you have US credit and most will want you to have a US-based bank account.

Of course, what they paid isn’t going to take into account the money they have spent on renovations or remodeling, which can be substantial.  

Set up a contracts account at both Lowes and HD. 

The designer talked about has a completely different account then the designers I usually recommend, and I would have had red flags to begin with.

I'm an accountant by trade.

@Venecia BaezThe action plan for real estate investing involves setting clear goals, assessing finances, choosing a market, building a network, understanding numbers, starting small, and learning from experience.

This means a new buyer must either already have an account, or must start one and the property starts over with no reviews, etc. 

When you pay cash for a $400,000 home and rent it out, your rate of return will likely be less than 6%.You could invest in stocks and earn 7% or better.You could put the money in a high-interest savings account and earn up to 5%.I don't understand why anyone would pay cash for real estate, erasing many benefits that increase the rate of return, while exposing themselves to the risk of loss (turnover costs, bad tenants, capex, etc.).