This should give her more than enough time to earn a degree (or two), secure a nice job, save money, and have money for an investment. 

Using a 2nd lien on the target property or cross-collateralizing with another property can provide security in case of default.

I can into you to our security's attorney if you'd like.You don't want to refi to add additional debt that will put you in a negative cash position.

You will receive the security deposit in Checking but then transfer it to Savings.Savings: Hold the deposit here so it's separate from operating funds.

I'm sure a more modern solution like Swiftlane will come at a price, but it may save you from some headaches with building security and tenant retention.No matter what you decide, congratulations on the 8 units thats awesome! 

How much of a security deposit do you have?

Hence some folks already able to secure 30YFRM below 6% this month.

Guests book our cart through the platform and Fenderly handles the security deposit and everything else. 

@Blake Yarbrough why not have the individual loan you the down payment, secured by the property, at a rate that is more than he can make in the market or in a CD and calculate that amount into the total debt service.  

I learned that they lost their job but have secured a new position that started on the 29th.The property management company has advised me to get the property certified as a rental, but it failed inspection.