Not sure if I can only use a savings account to hold the renter's deposit.Thanks!

For the purposes of this section, it is immaterial that the person to whom such payment or compensation is given made the referral or performed the service from within this state or elsewhere; however, a licensed broker of this state may pay a referral fee or share a real estate brokerage commission with a broker licensed or registered under the laws of a foreign state so long as the foreign broker does not violate any law of this state.any person engaging in Real Estate services for compensation of any type must be licensed unless they hold a specific exemption. 

There are many moving parts involved in a lease purchase or lease with option to buy, but can be a powerful tool to get your hands on some real estate! 

You can't hold someone else responsible for what you are liable for. 

Investment Info:Single-family residence buy & hold investment.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

I have received a lot of feedback from travel healthcare workers who say "It is terrifying to send a deposit (+1 month rent sometimes) to a stranger to hold space when it could be a scam".

Investment Info:Single-family residence buy & hold investment.

I definitely wouldn’t be trying my hand at this otherwise!

Is it wiser  to hold the good rate or have two properties  increasing in value ?