Ken Rishel
Largest RTO Company Shut Down in Wisconsin
21 February 2022 | 22 replies
IE hey your not a landlord we are Renting to own so we do no maintenance etc etc.. well thats a pipe dream these are still renters at heart.. so very few ever get to the point they can buy.. the failure rate of these contracts is far better than 50% and the folks who lose usually have paid higher rent higher deposit and had to ( if they were following the contract pay for on going maintenance ).. they would be far better off being renters and saving money and buying a house..
John Thedford
DOJ Warns Landlords Over Criminal Background Checks On Tenants
21 October 2016 | 9 replies
Some people do well with second chances.Here is an excerpt from our screening criteria, which is more flexible than some....LEGAL/CRIMINAL HISTORY1.Criminal offenses (misdemeanor or felony) of a violent nature against either person or property will result in denial.2.Applicants with a non-violent criminal misdemeanor that occurred more than two years ago or a non-violent criminal felony that occurred more than five years ago may be considered if restitution for their crime was made in full and all time was served.Also, we may require an additional security deposit and demonstration of good employment history, credit history, and rental history since the time of the crime.Multiple offenses may result in denial regardless of what the employment, credit and rental history shows.
Christopher Meis
Wholesale assignment fees up front or at closing?
19 October 2016 | 5 replies
I've looked through many of the assignment contracts listed in the forms area, all of them that I found state something about a deposit and the balance paid at closing.
Alex Staats
Buying our dream home
15 December 2022 | 3 replies
Include a $5,000 non refundable deposit with your offer subject to your financing2.
Dror Engel
Lender volume discount
26 July 2017 | 1 reply
The more loans (and loan size) and deposits you bring to a lender the more excited they get.
Meg Spence
Recommendation of Property Management Company in Greeley?
1 April 2019 | 3 replies
Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.
Todd Ashley
Financing for a small Buffalo Multi-Family
1 March 2017 | 8 replies
deposit your money into a joint account, let it sit for 60 days, and a bank will accept that as your down payment, without prying too deeply about where the money came from.
Pete Fiannaca
Need to make a strategic next move...
3 April 2017 | 3 replies
We refi'ed at 80% and I ended up depositing my check of $30k in the bank just the other day.
Tim Freeze
How to structure a partnership on a buy and hold deal
23 March 2017 | 4 replies
They're going to ask if any of the downpayment is borrowed, and will question any large deposits into your bank account.
Michael Zack
Offer accepted! ...what now?
15 May 2017 | 10 replies
The security deposit must be in an interest bearing account.