The security deposit would be applied to any monies owed and a letter would be sent within 30 days to the tenant. 

Since closing my first deals, I’ve completed over 140 transactions, specializing in high-performing rooming houses that generate strong returns while providing much-needed housing solutions.

Find out why it hasn’t sold and offer a solution:- Seller Financing (My 3rd deal) – Help them get their price while securing better terms.- Subject To – Take over their low-interest existing loan.

I trust my contractors but I would have a better sense of security with some type of monitoring system. 

While my background is primarily in the automotive industry—managing operations, logistics, and problem-solving— I own a business here in Anchorage that is working on securing an 18,000 sq. ft. warehouse in order to provide Commissary Supply services to the Department of Corrections.

We have a modest security deposit collected up front along with 1st month's rent and the cleaning fee.

I was hoping for some idea to secure the Promissory Note but it seems that's not available.Thanks for your response. 

I’m open to paying the $20K to bring the mortgage current, but I want to ensure my position is protected.If the deal falls through, how can I secure my $20K so I’m not left out of pocket?

Some lenders offer creative solutions, like a cross-collateralized loan, where they use your existing equity as security without refinancing the duplex.Another idea is partnering with private lenders or exploring a second-position mortgage, depending on your lender's terms.

What are the ways to secure remaining money for this deal.