I will also float this issue by my attorney to get his thoughts on it.Dawn A., thanks for chiming in as well.

I live in Georgia I am not sure this issue is covered in the hand book I figured I would float it hereI had a unit for rent in the first week of july say july 2, man came and said he wanted it immediately he had a good job drove a nice car was well put together. he had income verification statements He made a partial deposit of 300 no paper work just a receipt he was supposed to move in on the 15th of july on the 15th he came with another 200 which was the rest of the deposit but he said he didnt want to move in until augustthis didnt make me happy and as he stated there was nothing in writing forcing him to a july 15th move in datenow he states he doesent want to move in at all and wants his deposit back.I basically held this apartment for 30 days and now he does not want it,there was no written agreement but the rental application does stateThe following deposits are required: - security deposit of the first month's rent of 550.00 payable upon move inThe deposit will be returned to the Applicant if the Premises are not rented to the Applicant.

Yes, you'll get a bunch of cash at one time and won't be able to deploy it overnight, but the interest expense will again be paid off very quickly from the profits on the new properties you acquire.For cash out refi's, where there is no appraisal target, make sure that you meet the appraiser and politely provide them some favorable comps, highlight the improvements you've made to the property and the amenities in the area, and give them an idea of the target value you're looking for.Issues with LOCs are that they're floating rate, and the undrawn portion can be unilaterally reduced or eliminated by the lender at any time.

All real estate is local, it may be that there or more local properties floating than are still under, it's not to say the other 49% or whatever are no longer in trouble.

With ID theft on the rise i really dont want my picture and ID card floating around out there without some sort of guarantee that the information and picture are protected.

It wasn't very long ago that there were arguments being floated to pay off the national debt entirely, even with those entitlements.

There is no new disposition or strategy floating around on the street which has not been around for a long time nor pursued thousands if not millions of times.

So it might be fixed for 5 years, then begin to float at something like 1yr treasury + 3.25% (referred to as a 5/1 ARM).Google the BP site for "portfolio loans" to get more information.

Yes I received some of the lost income in the insurance payment; BUT I still had to float several months before that came through.Reserves are so very important.

I am interested in getting started in REI and I am tired of floating with the idea.