Normally you lose the deposit and that’s about it…At the same time, I think taking action is a good thing.

However, using locals that are familiar brings a significant advantage since they are familiar with the key players in the area.4.

Overall; check with your bank first for a free option like Zelle, then move onto setting up with a third party player like ZenLordPro (there are numerous rent colleting apps, this one is just pretty easy to use) and you're thinking along the right lines in setting up electronic payments. 

So, you have nothing to lose if you lose the appeal.Do you have to use a FHA loan?

I couldnt count "future income" so they think I was losing about $2000 monthly when in fact I would be making at least an extra $2500 with the new place.My buyers broker suggested a mortgagor that has many loan products including a 20% down nonconforming mortgage.

Or plow through and suck it up and buy it I’ve put down 1500$ earnest money down and would lose it if I backed out,It is my first investment property.

My best team player so far!

Mindy Jensen....THANK YOU....at the time he did the reverse mortgage I didn't agree with the decision; however, after losing half a million dollars in investments, he is at an advantage by having it.

They're hoping you'll get scared and offer to buy them off for $1,000 instead of paying $2,000 for an attorney to defend you in court where you could possibly lose even more.I wouldn't fall for it.

As long as it appreciates at a good amount like it has and you are not losing money renting it out, I would keep it for the appreciation not be concerned about the 1% suggestion.