If rent is not paid physically at a branch (i.e. it is paid online or via bank transfer), the date of payment will be considered the date when funds reach our account.

I also was so motivated and dumb at one time that I used my stellar credit in the past to fund a brokerage account for "binary options"... upwards of 250k.

I was wondering if any of you all had investing advice or a relevant article for a new investor trying to get down payment funding for his next and first deal, or just advice for a young investor in my situation trying to make it in general!

Hi Stephan,This seems to be a very popular and effective way to fund rehab deals.

You can wholesale and use the funds from your deals towards your house hack down payment.

There are very few (only one that I know) that will delay an appraisal until after funding, but that has it's own criteria that is very atypical for the average borrower.Look at it this way, you want to ensure that the value of EACH property is where the margins make sense for both you and the lender.

In-fact, if you are buying residential (1-4 units) and willing to live in one while you reposition the property, you may be able to manage a down payment as low as 5% (SFH & duplex) or 10% (3 - 4 units) ... whether your new "business" will carry itself at 90 - 95% LTV will depend on where you live and how well you purchased.    

Maximize rental cash flow \ equity in 10yr-15yrs for college funds for our children2. 

Auction.con says they must have 100% of the funding available at time of purchase (if I remember right) how do I know what the exact amount if I am bidding against other people or is there a window after the auction ends?

Why not simply put he cash in a income fund and avoid the problems of dealing with repairs and tenant issues.