Dhaval Sheth
Paying material cost upfront to contractors
Hi fellow investors, I am in the knowledge-gathering zone and when it comes to the topic of how to pay to the contractors, I have read people saying that they only pay for the material cost upfront. But when exactly i...
Eli Mills
How much do I pay upfront?
I am a tiny bit confused about what amount is due at the closing of a deal...Example: purchasing a multifamily for $350k. Is the full purchase price due upfront? or just a down payment and the rest gets paid in insta...
Tanim J B.
Roomie rental No job paying upfront
Trying to figure if this is a red flag or its something common for roomie housing.I am looking Tenant for a room, he moved to town so searching for job and has bad credit ~500 . He said its beacuse of covid but he got...
Julio Contreras
Single Pay Mortgage Insurance - PMI Upfront
Hello BP members!!!Anyone know more about Single Pay Mortgage Insurance? I have read that you can pay all your PMI Upfront so you dont have to pay it monthly, thus making your total monthly mortgage payment smaller. I...
Rafael Espinoza
Accept tenants paying total rent upfront?
Hey everyone I would like your advice. I am renting out a back house on my property and the prospective tenant couple said they can pay the total rent upfront. The total lease length is only for about 4 months. Are th...
Mark Dolan
Paying a larger % downpayment up front
Hi guys, I am new to the site and I am exploring the possibilities of investing in a rental property over the coming year. My biggest concern however is that I may struggle to get approved of a mortgage based on my lo...
Nick Brubaker
Contractor contracts
Hi everyone,I am in the process of starting my first flip project. I am wondering what paperwork the more experienced rehabbers here (particularly those in Georgia / Atlanta) have their contractors sign? What do you...
Mark Benevento
Potential Tenant Low credit.. Paying up front
Hey guys, My name is Mark, I am a 19 year old investor and just closed my first triplex in New jersey. I have been talking to a potential tenant and he has terrible credit but claims his father has the same name and t...
Nick Brubaker
Mortgage upfront or pay cash then refinance?
Hi everyone,My wife and I are planning to purchase our first property here int he Decatur/Atlanta area. We're wondering if we should obtain a mortgage from the outset or pay cash and then refinance. The way I see it...
Maël Fortin
Paying a year of rent up front
Hy, ont of my renters want to pay me a year of rent. He also want a discount for paying everything up front. What is a reasonable/normal range of discount I should offer him/accept from him? Thank you a lot!