This way you only need to come up with 3.5% down, can secure your own primary residence, and have other tenants pay for most (if not all) of your mortgage.

Are "deposit insurance" instead of security deposit companies legit?

Unfortunately, This is not enough capital for me to secure a property for a fix and flip in the area I am in because prices are well about this.

Folks who were just assuming their pensions and social security would support them in a reasonable lifestyle may be in trouble with the funding for that pension dries up.

Until I can afford to purchase long term rentals to secure a stable future for my family.

The idea of learning skills to secure ones financial future was very appealing to me, because growing up in a working-class family I saw my parents work so hard, and yet they were still struggling financially.

I have been involved with my agricultural export and domestic supply business in recent years that only until now I can learn about the real estate business, which has always been an aspiration to me since college.Truly hope to be able to learn from each and everyone in this community, I have been reading many posts here on daily basis and it has really helped me get a better understanding regarding real estate investing and how to begin.

How did you secure financing of your latest deal if I may ask?

I live in Georgia I am not sure this issue is covered in the hand book I figured I would float it hereI had a unit for rent in the first week of july say july 2, man came and said he wanted it immediately he had a good job drove a nice car was well put together. he had income verification statements He made a partial deposit of 300 no paper work just a receipt he was supposed to move in on the 15th of july on the 15th he came with another 200 which was the rest of the deposit but he said he didnt want to move in until augustthis didnt make me happy and as he stated there was nothing in writing forcing him to a july 15th move in datenow he states he doesent want to move in at all and wants his deposit back.I basically held this apartment for 30 days and now he does not want it,there was no written agreement but the rental application does stateThe following deposits are required: - security deposit of the first month's rent of 550.00 payable upon move inThe deposit will be returned to the Applicant if the Premises are not rented to the Applicant.

After first-last-security deposit is paid, he and his family are moving in, my new best buddy has his house rented, and I'm making $200 a month until they qualify for their loan in about a year or so, at which point I get the difference between what I've negotiated my seller down to, and what my buyers have already agreed to pay.I go out to my car to get my paper-work, and find that I have several copies of contracts for cash-offers, but none for lease-options....are you @#$%ing kidding me?