If tenant's rent was due on the 1st of the month the seller has the right to hold (not keep) the deposit because there is no guarantee the escrow will close when scheduled.

There may be a personal guarantee stating that you will pay back the loan in the event your business defaults, but if you're buying the property as a corporation, then the loan will be made to that corporation and not go on your personal credit report.

@Eric La Pratt I would talk to Natasha Robinson at Guaranteed Rate.

There is also no guarantee that this next fix, which is extensive, will solve the problem either but, like the previous fixes it is our best course of action based on the current information.What are the chances things go smooth?  

Plus, there would be no guarantee when the property would sell, realtors would want to show on 15 minutes notice, and there would be open houses with people going through their drawers and medicine cabinet.

I guarantee you nobody is going to answer their phone at 5am wanting to talk about real estate. 

Are you prepared to work 50-60 hours a week and make no money for 2-3 months....hoping at the end of all that to make a big catch, but no guarantee?

Hello,I am buying a single family home in Florida,closing will happen in one week,I am using a title company that handles the closing and that do the title search to be sure there are no liens,dues etc..my question is...

We provided them a guaranteed 8% return on their money and a one year bubble promissory note.

We provided them a guaranteed 8% return on their money and a one year bubble promissory note.