Chris K.
Security back line of credit for down payment?
Why are security backed lines of credit / pledged asset lines of credit , not spoken more about for investors to use as a down payment for investment homes ? What are the pros / cons of using credit line??
William C.
Do you allow split payments for security deposit?
Hello all,
I am currently trying to fill a rental vacancy. Someone contacted me and asked whether the security deposit can be paid over the course of the first 3 months. If so, they can move in two weeks. ...
Maximo Dejesus
Effects of receiving equity payments and social security
I presented an owner with a sub to deal for his home and he asked how will the monthly payments he would receive for his equity effect his social security income.He is afraid it will show he is making too much money e...
Ingrid Hussey
Online Lease Signing and Payment of Security Deposit
Hello All,Just a general question for the self-managing landlords out there: I am trying to find out what the general consensus is about this. What is the maximum time you allow for payment of security and 1st month...
Brit F.
Predatory construction lender?
I ran across a company and business model that seems suspicious to me, and I'd like some feedback from the BP community. I'll not mention the company name yet. It's less than one year old, and I found only one menti...
Joseph Molander
Tax Lien Sales Question
Hay BP,New question about Tax Liens. I'm going through the county records and I keep seeing tax liens held by a third party (LLCs, individuals, etc.). I was wondering if the current owner of the property can still s...
Trina Pugmire
Anyone have any house hacking tips.....
My husband and I just bought a triplex, it's our first real estate investment! We are living in one unit and are about to post the listing for the other two units. I was wondering if anyone has any tips that they've...
John Kim
Forgiveness vs Payment Plans vs Tapping into security deposits?
How are you handling tenants who cant pay the next few months?
ForgivenessPayment Plans Tapping into Security depositsOther?
Which route are you taking and why?
Chootar Laal
Tenant trying to use security deposit as rent payment.
My tenant for the past few months will be leaving in 2 months and I already have his last month's rent but he is also trying to use the security deposit (which is equal to a months rent) as the 2nd the last month's re...
Joshua Johnson
First Multi, Inhereted TAW with mixed security/LMR payments
Hello All,In January I took control of my first multifamily in Worcester, MA. The tenants I inherited are all TAW, but have agreed to sign onto a fixed 1-year lease beginning in June'22. They came with a mixed history...