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31 October 2022 | 16 replies
I accept Zillow which is free for both parties for free or they can pay a fee for a cc or debit card.
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25 April 2018 | 6 replies
Probably not able to scale it very big but I only have 5 rentals and it works great for us.For tenants they just use their debit card.
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5 July 2017 | 5 replies
Prepaid rent with a deposit seems like a no brainer while you're on vacation.
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5 May 2018 | 2 replies
https://www.fanniemae.com/content/guide/selling/b2...But this line is the same: "The new loan amount can be no more than the actual documented amount of the borrower's initial investment in purchasing the property plus the financing of closing costs, prepaid fees, and points on the new mortgage loan"...Anyone else aware of a definitive change to their Delayed Financing Exception rules?
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18 June 2018 | 6 replies
For comparison purposes, do not pay too close attention to the pre-paid items or the escrow portion of the fees as in the end they will all be the same, just figure out who has the lowest Lender/Title fees and then once you narrow it down, have the LO's explain the escrow portion, I say this, because a newer less experienced LO will "just let the computer figure it all out and a lot of times on the estimate they will just use generic figures like 6 month taxes and 6 months insurance, however, this is not going to be accurate, these should be based on when the next due date is and a reasonable pad (2-3 months is standard for this pad).
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5 February 2022 | 11 replies
@Mary Jay I actually don't like prepaid rent and funny thing is that what's the probability of the business crumbling?
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7 February 2024 | 9 replies
If you don't have much credit, I'd recommend also seeing if there is a way you can get a secured credit card (card that reports but it acts as a debit, so the money you spend is used).
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19 February 2021 | 8 replies
Our bank has an option that allows us to run credit/debit cards through them.
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27 February 2023 | 23 replies
I auto debit the money out of their account once a month.
20 November 2023 | 16 replies
I've already started renovations on this property using my LLC debit card/funds, paying contractors using checks from my LLC account, set of utilities in my LLC, etc.