Is it standard practice to tell the buyer he must write a check for earnest money, at time of making offer?

Second homes and investment properties have to hit a different set of standards, usually 65% LTV.Be cautious and make an informed decision.

You want someone who can help you with investing.They will have a standard purchase contract.

I don't feel comfortable allowing the tenant to do this, so I figured I would ask what the standard pratice is.

Your completed project should be a little nicer (without going overboard) than the area standard and should be priced below similar houses.

Also, it is standard for investors to put 20% down and the lender will discount rents received by 25%.

A standard residential property (single family home, condo, town-home) will cost $350 plus or minus a couple bucks.

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. ($15k purchased/renovated to HUD Sect 8 standards, $8,400/yr rent GUARANTEED BY HUD) I own exclusively in 43612 (OK) and 43608 (low income, higher crime, black...and I will have a dozen SFH Sect 8 rentals there in the next quarter).

When I have someone that is requesting the transaction be done a certain way, i.e. pay 10% earnest money, I say: Well a standard real estate transaction is ... or the typical real estate transaction action is... or a traditional real estate transaction calls for us to ...