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Hi everyone,So I have a bit of a conundrum. Let's ignore for a moment that the potential tenant in question may not be a good tenant. I am specifically seeking advice from a legal position.Situation: The tenant wants ...
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So we are showing an apartment and a tenant came back clear but she wants to pay 9 months worth of rent upfront immediately. I tried looking up any problems with this on mass.gov but couldn't find a thing. Could anyon...
Hi. I have a home in a highly desirable residential neighborhood that I rent out. (I used to live there, but got married and moved into my husband's house.) My former tenants recently moved out and I relisted it t...
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I have a potential deal on the table and I need 40k to make the down payment. My credit score is plenty fine otherwise to secure a 30-yr conventional loan. Is a hard money loan the way to go?
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I truly believe you shouldn’t pay a loan broker (like me) an upfront fee (i.e. tipping awaitress before you get your meal) but recent experiences make me wonder if paying a fee to a funding source or their representat...
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Hello fellow BP,I recently just closed on two properties in Orlando. One of my new properties is on the market for rent. My Real Estate agent has met with a prospective new tenant who is willing to pay one year rent u...
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Haven’t had a lot of interest in my almost vacant rental. I do have a very interested applicant with a credit score of 551, which seems to be mainly due to past due student loans. They want to pay 3 months up front to...
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So I have a commercial warehouse (2 bays), I occupy one and I have a tenant next door.This tenant has been here for 6 months and has been on time without any issues. And he's month to monthBut he came in this morning...
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I have a potential tenant that would like to pay the entire years rent up front. I have already screened tenant through an online service and was wondering why would tenant give me over 15k instead of paying monthly...
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I'm aiming to purchase my first small multi-family in Ohio; probably in the $50k-$80k price range.Is it better to pay "cash" and then refi, or seek a mortgage up front?I say "cash" in quotes because it will come from ...