You must follow any local rules as a Landlord, including giving a Landlord-Tenant Checklist (if you collect a security deposit).

Some companies will also provide a layman's terms recommendation like, "Charge maximum security deposit" or "Renting to this person presents a VERY HIGH RISK they will not pay rent on time" etc.

Louis to secure, update, fix, etc our foreclosure listings

With a decade of experience in commercial and consumer lending I have been appointed by the San Jose Investment Corporation of America as Managing Partner for the Greater Charleston/Coastal Low Country area of South Carolina.It is my pleasure to be able to locally assist real estate investors secure their short-term purchase/Rehab/Fix 'n Flip and even new construction loans.

Both of us find investors who are interested in forclosed property and we send them the listings.These listings are great, the only problem is once you secure the property you have 24 hours to either go with their hard money loan program(which is 10% down with 18% interest),pay cash or find another hard money loan.

Our situation: own outright, (financing secured from second on another property), need cash to buy next rehab.

In fact, some would argue to use a strategy for putting the maximum amount you can down on a purchase agreement; then worst case (assuming you have a financing clause in the sales contract), once you secure a ratified contract, you can change your financing terms as long as it doesn't negatively impact the seller.

Hey 4runner,Some companies need you to do winterizations, lawn service, board-ups, securing, etc..

If ANYTHING goes wrong (new furnace, vandalism, damage done by tenant in excess of the security deposit, etc), then you're broke and out of business.

Social Security is the government sponsored program that every person pays into while they work.