She has approx. 20-30k cash she could use as a deposit up front and was approved for a loan around 250k.

Hi I'm in Georgia and need to know that after closing a deal where you buy sub 2 then sell with lease option, do I set up an escrow account for the tenant to deposit monthly rents too and what sort of statement would the tenant get that shows what they paid and the payment being deducted and balance on the loan after payment?

Can I can legally asked the tenant to move and agree to give his entire deposit and perhaps some additional cash?

For that reason, I would recommend requiring a two-month deposit or first/last/deposit as additional protection against them skipping town without paying their last month of rent.

That may be heresy in today's market but I still stick by it.Trying to think of other ideas, I'm not sure if this is an on-market property or not, but especially if it's not, there could be the possibility of paying the seller for an option to buy the property at a certain price within the next year, and letting the seller continue owning it through the winter, then you exercise your option and purchase it in the spring once the ground has thawed out.That's a much easier concept to pitch to the owner if they don't have a real estate agent who's basically just motivated to sell it and get their commission ASAP, but if they've had a few deals fall through because of the failed septic then even if there's an agent, maybe they'd be open to it.Alternatively, and maybe simpler than an option, would be just putting down a decent-sized earnest money deposit and having a closing date in the spring - basically an unusually long period for the closing.

If they are net, then a 2x multiple would imply your $50k will turn into $100k deposited in your bank, but not net of your taxes.Multiple is the sum of all distributions received divided my initial investment amount.  

Here are some specific areas that we would love your perspective on:-What is the best way to accept money (application fee, deposit to hold, security deposit, etc.) from applicants if our business accounts are not set up yet?

The closing is suppose to be in mid 2025 but all they are asking for is a 10% deposit upfront that is all (5% if I qualify woth the bond company to put in the other 5%) Closing cost are extremely low comparing to other markets there’s no land transfer cost.

The plan is to deposit enough money for a down payment in a bank a account and get a mortgage, I don't mind using my good credit for this.

Is now really the time to sell existing and buy additional homes using the proceeds from sale of free-in-clear homes as a deposit?