I pay $571/year for one, and times that by three for a triplex.

You do not pay them one single cent."

Then use Airbnb profits to pay off any remaining investments over a short-term period (3-5 years)Take out a separate mortgage and buy the family out?

I only know about the times where this was found out prior to closing, obviously I have no way to know about the times this shady behavior wasn't found out.Since you get a vote in who this tenant is, and it's retail, PSA that commercial lenders (especially the ones offering the best terms...) are starting to vet deals by how 'recession proof' the tenants are, even if they are currently paying on time.

I have spoken with an agent who has worked exclusively in this space for years and have been told that for the Oklahoma market, warehouse tenants pay rent most generally by CHECK.   

Just send them an email or text stating the lease is canceled because they failed to pay the deposit within 24 hours.

We're now looking to take out conventional financing based on the equity we have to do a few things - pay off our existing private loan, fund some larger ticket renovation items (i.e.

My logic right now is 6.625% return from extra payment is almost 9% pretax from stocks (not including tax write-off on mortgage interest).

I was wondering if I am in this situation again, can I pay cash (I have the liquidity) and then refinance after closing?

Sucks to have to pay $500 refuse fee and still have this issue...