OK, I guess that is better than a car, but its still not much of an investment if after putting in cash for 30 years you have the same amount you put in.It would be far more honest to say "a home is the biggest purchase you'll ever make" than the "a home is your biggest investment".

Hey Grant, I know this isn't part of the thread, but just wanted to say a quick welcome and hello.

If it was more than a few days, I'd get a payment for, say, a week, and then move the due date back a week.

I could say a bird in the hand is worth two in the bush, besides that, I'd ask the BK attorney what the time line was, it shouldbe approved by the court fairly quickly, depends on how things move there, but..The second note holder wasn't notified of the sale or the BK, or both?

The default rule is that contracts ARE assignable, but the actual terms of a contract always trump the default rule.So, the answer is: What does the contract say?As

What does the listing agent have to say? A

What about giving them a small credit card (under $500 limit, say) as a "petty cash" account?

Of course that may not make up for a 20% potential increase but you could build in say a 5% increase and that would keep your properties well under comparable ones with much less headaches.

That going on for a year establishes some ongoing relationship, and if they paid always on a particular day, say the first, it could be argued that this is the established due date for the rent and the type of lease, say a month-to-month base don the payment frequency.My statutes then also give a minimum time frame for cancellation. e.g. 28 days for MTM, unless agreed otherwise.I heard/read of some tenants who argued successfully in court that they were NOT late paying rent on the 10th, as it was established that in the past they usually paid on the tenth and it was accepted by the landlord.

What borrower can expect for an SBA loan is different than the process/docs required for a hard money loan or say a church loan.A knowledgeable broker should easily be able to impart their knowledge as to how a particular lender and/or loan program works or what the current market appetite is for a particular property type is.That, and a good broker should be willing to spend the time and work pro bono while they approach lenders.