BOFA has 3.18 trillion Assets, most earning prime +, so north of 8%, but the bare minimum they would earn would be 5.33% with any cash deposits parked at the FED reverse repo facility, which equates to about $470,816,666 per day in interest, So delaying a digital payment for a week is like 3.5 Billion dollars across its portfolioAnd I love that despite tbills going from near zero to 5.4% over last 2 yrs, BOFA/CHASE still paying its depositors the Princely sum of 0.01% on savings accounts.

I have a lead who i offered a subto/seller finance option to. back story lead is getting a divorce and can get ~340k if listed. asked 300k if sold to me, everything updated within past 5 yrs except carpet and interior paint.

I have lived on the west coast of Florida for a total of 15 yrs.

For those who have been in the market for 5 yrs (preCovid) know post Easter till Mother's Day it is slow outside of rodrun.

In my opinion: 1) This was not necessarily caused just by normal 'wear and tear'... 40 yrs is not that old. 2) Owner should pay for tenants lodging etc. 3) 1 -2 months is absolutely ludicrous.

I look forward to the day I get w2 employment.Been a business owner 31 yrs, be careful what you wish for  ;)

Hello,We have been renting the current property for 3 yrs now, there is normal wear and tear that is common with property use.

I took out a construction loan 2 yrs after the purchase to rehab it.

How many on BP posted over the past 3 yrs they were going to sit sidelines and do nothing waiting for the fairy-real-estate-mother to bring them a 12 cap property with strong appreciation.

So I am not the smartest person and some of the helpful replies in previous posts was above my mental capacity.My situationI own a home (homesteaded in FL) and have 2 roommates which help pay the bills.numbers - mortgage left 155k, home value 330k, current interest rate 4.125% on conventional with 24 yrs left on a 30 yrmonthly payment with HOA $1600 pcmI am wanting to either1) turn this primary residence into an LLC and purchase another property to move into and start the process again with the aim being to rent my current house out on an annual 12 month lease for at least 2 - 3 years as I was told that as long as I lived in it 2 out of 5 years I can then sell without paying capital gains (though this confused me and anyone wanting to teach this to me like im 5 years old would be greatly appreciated).