Should I take money off tenant's deposit?

Freddie Mac requires 2 years Fannie Mae does not you can use rental income instantly as long as you have a signed lease agreement and can document you've deposited the security deposit into your checking account.

Hi Thomas,I think your numbers became messed up somewhere.It's good to not include coin laundry as that fluctuates up and down in residuals versus the flat rent.549 X 4 =2,196 a month X 12 = 26,352 yearly so correct there as long as you have verified this is market rent with no security deposit concessions or first months rent half or off to get the tenant in.Next I would look at tenant loyalty.

I had a deposit check, signed contract and something didn't feel right when my buyer left my office.

We were running up on the time limit for our earnest deposit to go hard and I didn't get my parents' neighbor on-board until my graduation party and a few beers when I brought up "hey Bob, we got this deal.

I spent sometimes 1 week to 2 weeks and then the people petered out and took corners trying to succeed and it doesn't work out that way.Now I tell them usually 25,000 non-refundable deposit upfront and 50/50 split.

In order to remove that lien, by posting a cash bond, the money has to be deposited in the county court registry.

If they give fewer than 30 days' notice, then the rest will come out of their deposit as rent unless I'm able to re-rent it before the end of that 30 days.

I have tents pay $300 for pet deposit per pet and $25 add to rent per pet called pet rent.

Make sure you get any security deposits documented before close.