You can also look at creative financing/subto or owner finance as an option and finally there are DSCR options that will allow you to go up to 85% of purchase (but there is a fairly severe interest rate penalty), so I'd recommend staying in the 70-80% range.

- Since you're acquiring the Tax Deed, does the premium apply to the amount paid or the amount of taxes, penalties, etc.?

The current version of the ATCP you are violating is ATCP 134.08(4), which prohibits the same exact thing as 704.44(4m) prohibits…the kicker being that the ATCP (the consumer protection act) comes with the added penalty of you being charged double damages and actual attorney fees because the act itself is promogulated under Wis.

Equity is great on paper, but it may not mean much when the first position balance has grown exponentially due to accrued late fees and penalties and the property is selling for maybe 70 cents on the dollar at auction. 

Tenant can still pay rent, late fees, and other penalties in full and get back into my good graces, but I do not waive any fees, accept payments, etc.

Prepayment penalties- usually 1-5 year terms.

Prepayment penalties- usually 1-5 year terms.

If there's a hole, it may be a red flag.b) sensitivity analysis: I examine all the assumptions, and make sure I can live with the worst case scenarios.c) "Stall and see": if they are getting money over multiple years, and there is no penalty for investing later, I would usually wait so I get some real performance data, versus having to look at theoretical pro forma information.d) Recession stress test: I will not invest in anything, until I subject it to recession level stress and see if I can live with the result.

It will be interesting to see if the Commission imposes these light but annoying administrative penalties fairly. 

Aloha,Given that this is the first month using the Avail system, unless you specifically provided the tenant in advance with information on the lag time from first hand experience, I would let it go and simply inform them of how the timing did not work out, and have them adjust their "pay" date accordingly, reminding them of the "late" date and penalty for future payments.