I personally don’t have any debit other than 9,000 left on my student loans. 

Basically, you connect your debit card and it rounds up the change from every purchase you make and automatically withdraws it and puts it into your acorns account.

However, we are trying to see if there is a way to reduce this monthly expense.The only alternative option that we have found is a secure pool phone box that uses a pre-paid wireless cell phone.

I guess it is all relative and depend on my credit score and the debit to equity ratio I will have.

@Jon Holdman uses a great description of the differences.Hard money terms are commonly65 LTV , 10 pre paid points, 16% Interest Only not paying down principal, 12 month call (due in full)Like WE BUY UGLY HOUSES, Hard money could be called WE LOAN UGLY MONEY. lolPrivate Lender Money terms are commonly70-80% LTV, no points, 6-8% simple interest, 1-5 year note, then due in full or rolled overJoint Venture with Credit Partner - Down Payment Partner - Rehab Cost Partner terms are commonlyStart a LLC together with an Operating agreement and a JV Agreement with every deal, person bringing credit - cash to the deal gets all money back, expenses are split, net profits are split, sometimes not 50 50 .  

If I need to order a stove part, as an example, I gotta flip through my wallet and make sure I'm using the right debit card for that property.  

This would entail your reimbursing their prepaid rent, deposit and likely additional amounts such as moving expenses and utility deposit at the very least.This would mean that YOU are out of money.What is so bad that you want to end this relationship?

These funds will of course never be debited, only held aside until I am able to sell the deal to my investor.

If a person has a significant weakness (or can't be verified) in any of the four categories, and we have reason to believe they could still be successful tenants, we will offer to rent but will require an additional security deposit to cover our risk.We would never request prepaid rent, other than for the current month.

He used prepaid rents to offset past due rents.