No have not heard of this; I can't imagine the accounting head ache if SSA actually offered that.

If he were to wrap the existing loan in an installment sale to you, then use a loan servicer to collect your payments that could be set up on automatic ACH, plus pay the underlying before dispersing funds to him each month, before long he'll forget the underlying exists.

ACH is freeTakes about 5-7 days for the funds to hit your bank accountExcelI use an excel spreadsheet to track my check register.

Hi All,This question might have been asked before. I bought my rental property in 2021 and was saved by homestead tax (previous owner had it) so ended up cash flow positive for 2021. However now for 2022, HS is no lon...

I prefer to use Avail which has the ACH debit feature which is free to the tenant.

Is there any website or forums about this .I am trying to see if i the bank will charge a  monhtly fee to set an ACH draft 

After I make the investment, I have no control and no responsibilities - all I do is wait for the ACH's to come in. 

It has a tenant facing web portal, collects and deposits my rent in 1 day via ACH for no extra charge, offers debit / credit card payments as well for a service fee to the tenant, and SOOO much more.

We have been using Rentredi for payment and sometimes cash or ACH.

ACH is freeTakes about 5-7 days for the funds to hit your bank accountExcelI use an excel spreadsheet to track my check register.