And is it ok to keep the security deposit for lost rent?

If the cap has already been met the applicant will need to wait for a new slot to open up.

That sweep account allows all of our checking deposits/idle funds to sweep directly towards our outstanding balance, saving us a ton of interest cost.

If you connect and PM me, I can share my document.Who's leaving and who's stayingDeparting tenant turns in keys and gives up all rights and responsibilitiesRemaining tenants take full responsibility for rent and the condition of the rentalSecurity deposit remains in place with you.

Good Morning BIGGERPOCKETS FAMILY:QUESTION: I am interested for a property that Asking price its 135k , 3 days inspection period and 3-5 k escrow deposit  ; i need to made this deposit  in 2 -3 days , my question its THE SELLER are asking FOR A PROOF OF FUNDS, that i need to got from a private lender or hard money or conventional loan , in this time the seller will be receive all the offers and just select one ; THE best OFFER FOR him; how i compete to be the first to secure the property????

Someone with minimal credit where you give them 2 years to build there credit..example, $2500 deposit, $1500 rent where $1000 goes toward the house and $500 to you!

I filled out the ACH Form and thought I would get direct deposit but I received a check on yesterday (7/26/2021) Once your status says "Payment Being Processed"  that mean you are in the last stage.

I filled out the ACH Form and thought I would get direct deposit but I received a check on yesterday (7/26/2021) Once your status says "Payment Being Processed"  that mean you are in the last stage.

They paid the deposit and a pro rated amount for moving in early no problem.

You decide when rent payments start.Be sure to get paid rent prior to move in.ALWAYS get paid with GOOD FUNDS for the deposit and first months rent.