We pay for rehabs upfront and are reimbursed when they're inspected.

You will probably need to pay the 1st construction draw to your contractor as most lenders, if they pay for rehab costs, will hold back the funds and reimburse you after you complete the work on a percentage basis.

. $13,659.00 $2,044.00 Total reimbursement Income-tenant1 $ 17,404.00 Total Income $151,621.11 ( $154,021.11 now) Total Expenses $51,657.52 Total Income Less Expenses $99,963.59 ($102,363.59 now)tenant1 Lease Ending 11-11’ + 5yr option, 10-20% incr. based on CPI (been there for 60+ years and one of the state's best locations- perfect long term tenant) Tenant2 Lease Ending 08-11’ + 3 yr option, 10-20% incr., CPI, again long term tenant !.

So if you purchase price was $100k and rehab was $50k, in a 90% LTC situation the lender would finance $135k and you'd need to put $15k down.However, the rehab financing is done in reimbursement draws, so you have to front some initial rehab money first, and then get the money back in a draw after you show progress on the rehab.Typically, it's recommended that you have 6 months of interest payments and 10-20% of the rehab sitting in the bank account, in addition to the cash to close. 

As a result, Title reimbursed me for the entire water bill that I had forwarded to them. 

Pay the bill yourself, then reimburse yourself by charging the tenants based on a formula.

You will be charged the entire $2k, but the seller reimburses you for his part via a $1k credit at closing.You simply make a record of this $1k credit, and whenever you make the $2k tax payment, you apply the credit, and the remaining $1k is deductible.If, on the other hand, this adjustment was for something else - like a one-time charge for specific improvements to shared property - then it's a different story.

Michael raised 100% of the equity needed to close on the building, while I paid for the majority of the due-diligence costs which I was reimbursed for upon closing.After the 69-unit deal, I worked with Michael to close on a 57-unit, 80-unit and 321-unit property in 2017.

It is not discriminatory to allow pushiness, fussiness, lateness, etc to influence your decision.Here's what I would say:  "We will reimburse you for the fridge filter, although in the future you need to has us perform any needed repairs.  

To restore tenancy, reimbursement of any court fees or legal costs are required to restore tenancy - this can be expensive!