That includes their fees, the rent payment and any bills you may have. 

i'm in hopedale MA. i use rentredi for tenant payments. no complaints, simple, i like it. a BANK that also offers rent collection seems over the top to me. i'd rather keep using my small local bank. i also don't keep security deposits because the laws in MA re: how they can be used are so insane that i'd rather just not deal with it. 

One property is a condo (in CA) that I rent out, and the other property is a house (in NV) that I live in and rent out the other rooms.I quit my W2 job last year to start a business, which is slightly profitable today, but I reinvest everything back into the business.I have a bunch of cash saved up and am comfortable deploying $100K into another property in Las Vegas ($80K down payment + $10K furnishing + $10K margin).The only problem is that I’m not sure how to finance my next house without W2 income.I talked to a few lenders about DSCR loans, and most say they calculate rental income based on the entire house, instead of by the room.I would love to get the creative knowledge of the BP community on how to fund my next home 🙏🏼I'm also open to any lender referrals 😊

.- When do the payments start and endThis is a little tricky for some real estate investors to understand.

For a house hack with a first time buyer most will use a fha loan which allows for a 3.5-5% down payment.

With Apartments.com I can automate rent payments, have the security deposit paid, and have tenants upload their proof of renter’s insurance.

Hi Adam,Your lender should definitely know the down payment amount much prior to closing.

If lower then you'll need 10% down payment.

However, as long as payment continue to be made, I don’t see their incentive to call it on full

Cap Rate is 0.43%, and Cash-on-Cash Return is calculated by dividing annual cash flow by total cash invested.The property's annual cash flow is $1,268, calculated as $1,268 - $2,932 based on a 20% down payment and a 6.5% interest rate over 30 years.