Interest Rate: The sum charged for borrowing money, expressed as a percentage.

I have actually bought a couple of houses this way (boy, would I love to show up to a closing and say "Just put it on my American Express" :D ), but in any case it allows me to keep my cash available for offers.

The tenants has expressed a frustration with the parking situation because there are 16 units and 16 parking spaces in the rear of the building which means each unit is entitled to a spot which currently is free.

If you're willing to pay higher rates (probably 5.5%+, 25yam at this point), there are other local banks (Home Bank comes to mind) that have expressed interest.

From hotpads at least you'll get a lot of emails with the persons email and phone number expressing interest, call them back ASAP.

The last month rent should be collected separately unless the tenant express wanting to collect from security deposit.

GSI: $14,400Withholding 6% for repairs... or other: ($864)COC: 7.44%Percent rule: 1.04%Tenants have expressed interest in owning this home after just 4 short months of living there.

Fun aside, I have expressed some of my concerns above, otherwise I am ok with them.

The buyer expresses interest, so the Broker goes back to the client and floats the theoretical price.

Cards I have used: Bank of America, Discover, Citi, American Express, Capital One, US Bank, Chase.