![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3062871/small_1719659301-avatar-paolaa18.jpg?twic=v1/output=image&v=2)
26 December 2024 | 15 replies
If you're living in it now, you'll probably be required to have a signed lease in place as well as proof that first month's rent/security deposit were collected in order to get a DSCR loan (they're business purpose loans and don't allow owner occupancy).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/567867/small_1621492767-avatar-rlindsley.jpg?twic=v1/output=image&v=2)
6 January 2025 | 25 replies
Offer to give them their full deposit in cash on move-out day, if they leave the place clean and empty, etc.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3129481/small_1727993176-avatar-anam194.jpg?twic=v1/output=image&v=2)
23 December 2024 | 15 replies
I like the one that requires payments to be deposited in an escrow account:New York state law requires that consumers receive a written contract for home-improvement work that exceeds $500.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1057231/small_1621508198-avatar-jasons478.jpg?twic=v1/output=image&v=2)
18 December 2024 | 9 replies
What about the security deposit?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1929613/small_1621516769-avatar-sandraa59.jpg?twic=v1/output=image&v=2)
10 December 2024 | 1 reply
I know I need to hold the security deposit in an escrow account.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3139141/small_1729914479-avatar-kevinz114.jpg?twic=v1/output=image&v=2)
19 December 2024 | 22 replies
So, a $2,000 deposit could cost you $6,000 in court.Waive the deposit and raise the rent to make up for it.Back in the 90s we had a 9 plex in Cahokia, IL.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1815703/small_1621515813-avatar-clarkstoragellc.jpg?twic=v1/output=image&v=2)
4 January 2025 | 28 replies
We have to order six months ahead from our Mennonite source and put a deposit down
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1773624/small_1709847778-avatar-destint.jpg?twic=v1/output=image&v=2)
24 December 2024 | 10 replies
All you are going to do is put a deposit on it, hold it, and then try to resell it into a much smaller network than it is on now.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1261901/small_1694915577-avatar-anthonyj186.jpg?twic=v1/output=image&v=2)
5 February 2025 | 38 replies
They stopped making the monthly interest payment ever since June 2024 and are being investigated on charges of Ponzi Scam and are not releasing investors original deposit.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/301067/small_1621442807-avatar-chrisk20.jpg?twic=v1/output=image&v=2)
25 December 2024 | 28 replies
Or do they just want to sign an agreement to move out in 30 days and you'll give them their full deposit in cash on move-out day, if they leave the place clean?