Security Deposit: Follow Oregon’s rules—return deposits within 31 days with documented deductions.5.

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Hi everyone, i'm very new to wholesaling, watched a couple videos by Flipping Mastery TV on youtube and after some research, thought i'd do my first few offer calls.I was able to find 2 seller's agents who are interes...

However, depending on your loan type, if you put less than 20% down, you may have PMI (private mortgage insurance) which will make your monthly payment higher by up to a couple hundred dollars.

Otherwise, if you prefer not to go through that process, you'll be hit with a 25% tax on your rental income, which can eat into your profits.I also recommend investing in a couple of cameras and a good smart lock for security and monitoring.

Does anyone have a sample HML or PML form that you have used that you can share?

While contractor availability and supply chain slowdowns are challenges, they plan ahead by securing labor and materials early and building in project buffers.

How should the security deposit be managed in this transition?

Readers should seek professional advice.I believe the Note creates liability for the loan, the mortgage creates a lien on the real property that secures the debt. 

I feel like just about every month, I see RE investors with 1-2 year's experience starting a new fund and advertising on Facebook for LP's, as well as the daily "JV deals" that straight-up violate securities laws.