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13 June 2013 | 9 replies
Welcome Carter Catlett Thats interesting, according FNMA's sellers guide "If the mortgage being delivered to Fannie Mae is secured by the borrower’s principal residence,there are no limitations on the number of properties that the borrower can currently be financing"
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15 June 2013 | 6 replies
Strategy, risk level, job/income security, spouse, # of kids, tax situation, age, location, flexibility and so many more.
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17 June 2013 | 10 replies
She takes 6% of security deposit and 6% of monthly rents.
24 June 2013 | 4 replies
Yet on the ARV side it will secure a rehabber a phenomenal $350K on average.
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13 June 2013 | 8 replies
When they move in, they always have to pay the full security deposit and one full month's rent, in cash or money order.
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26 April 2014 | 39 replies
Security deposit to be returned according to the terms of the lease.
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19 June 2013 | 6 replies
And I have a question about security deposits. 5321.16 Procedures for security deposits(A) Any security deposit in excess of fifty dollars or one month's periodic rent, whichever is greater, shall bear interest on the excess at the rate of five per cent per annum if the tenant remains in possession of the premises for six months or more, and shall be computed and paid annually by the landlord to the tenant.We're planning to charge $650 for rent and from what I've read, the security deposit should be about the same as one month's rent, so a $650 security deposit.
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17 June 2013 | 12 replies
First, you lease the property granting tenants rights allowing a tenant possession.
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14 June 2013 | 2 replies
Him and his wife have been surviving off the proceeds of it, has gathered some income, but (the main challenge currently) he's a Depression era person who's seeking "secure" investment strategies.
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15 June 2013 | 15 replies
Accredited investors are or should be required, few small offices can accomplish that now and the structure needs to be compliant.Where brokers or even partners get in trouble is assigning collateral to a group to secure the funds, someone will be last to recover thier money and if there are insufficient funds, they or someone will lose.As a broker, you really need to be in a position to take any investor out of a deal, you also need to be able to take out the small investors who lack experience as they yell the loudest and it makes an attorney fight harder for the one at a disadvantage.