Zubair Khan
method of payment
Hey everyone so I might be closing my first deal as an assignment so since its my first deal I really don't know what form of payment is best for me considering I'm young and don't have any tax deductions.
Brad T.
Down Payment Percentages
Hello Everyone,
I am currently searching for my 5th rental house and the bank I have been using states that I will need to put 25% down instead of 20% that I put down on the first 4. Is this something that...
Robert Gavlas
Minimum down payment
Would it be reasonable to get a loan for 5% down for a rental property? Here is an example:Foreclosed PropertyProperty valued in the $150-160k rangeAsking price is $99,900If I only put down 5% the LTV would still be l...
Jessica N Sites
Down payment details
Hello, my name is Jessica and I'm just now starting out in the resl-estate/investment property game. I am currently trying to buy a multifamily home (duplex to be exact) with an FHA loan; is it possible to buy a duple...
Kristen Ray
Rent payment inquiry
Hello BP!What has your experience been with allowing tenants to deposit their rent payments into your account at the bank? Has anyone experienced a time when the tenant made a withdrawl? Also, in terms of setting up A...
Kyle Guida
form of payment
just wondering about cash payments for renters. i heard about the way they can deliver the cash to the 711 etc. do you think thats an entry point for people doing illegal things to come to your building. although you ...
Jason B.
lease option payment
When closing on a lease option what is the right/legal way to receive your lease option fee? Do you have the tenant write you a check? Or do you have the home owner write the check to you? Does it really matter who wr...
Paul Roman
Mortgage>rent payment
I'm looking to see if anyone has any tips on how to handle a mortgage that is greater than what rent comps are in the area? We have a house that we are unable to refi but the rent is roughly $200 less than the mortgag...
Mike K.
20% down payment
My bank is willing to provide me a mortgage for 80% of the value of a property, but I don't have the 20%.
My friends or family aren't in the position to lend me.
Where have others turned to for leverage in getting t...
Michelle D.
Late Rent Payments
Hi there I have a tenant who has been chronically late with rent since the lease began, first it was a week late, then 2 weeks, then a month...tenant pays eventually after multiple phone calls and reminders. Consideri...