Although I would like to recieve chunks of principle to reduce what I have into it, I wonder if there is some kind of escrow account he can put the money into instead until he has the full amount.

I have the means to be able to recieve financing from the bank, at maybe 3-5% fixed interest rate.

I called a few sub-metering companies, and the best price i recieved was a one time charge of $1500 to install the 3 meters, and a monthly reoccurring charge of $50 to read the meters each month. 


About a week after collecting my check, I recieved a link from the investor via email.

He asked for a processing fee of several hundred to 1500 dollars and broke all communication with them once money was recieved. it was all wire transfer but none of them ever spoke with him directly.

After going through the pages, I signed up to recieve a newsletter and somehow, a day later a rep called me and "interviewed" me to see if I was a good candidate for their coaching program.

2) I was estimating to recieve about $1250 a month, am I on point with that?

Click on it and they will recieve notification you have mentioned them.  

I'm also told that the entire mortgage payment has to be applied to my DTI and that no part of the recieved rents can be applied.

I am concerned with the tax implications and want to make sure it is fair as to what we recieve at the end.