Curtiss Brown
Guaranteed Rent Payment Programs?
Has anyone run across or been or is involved with a guaranteed rent payment program and how does it really work? I'm assuming that if a company pays the rent for an owner during a vacancy, they (the company) get it b...
Jake Thompson
Typical Down Payment Requirements
So I've been doing a lot of reading regarding getting into buying apartment complexes and am eager to do my first commercial deal. I've heard a lot about getting into deals with little money down using creative financ...
Zachary Engen
House hacking down payment
I'm trying to understand how house hacking is so profitable, putting down so little money, 3.5% or 5% would make for a hefty mortgage payment wouldn't it? Thanks for any input in this.
Ali L.
Payment arrangements for handyman
Hi y'all. Seeking best practices/suggestions on compensating handyman. This pro is on call for routine repair/maintenance work like replacing light fixtures, repairing stairs etc. Goal is to provide consistent income ...
Ryan Churchill
HELOC for Down Payment?
Hi All,I'm working on getting some additional rentals and recently got a HELOC on my primary residence. I've got no debts and no mortgage on the primary home. I'd like to use the HELOC as a down payment for a conventi...
Kenny Sibrian
down payment percentage questions
hello everyone, i was wondering when using conventional financing who determines what percent down payment should be? is the down payment percentage negotiable?
Eric Armstrong
Owner finance down payment
Looking to get owner to hold financing on down payment and take mortgage out on balance. How does that work with the bank? Don't they want to see proof of funds to cover the 20% down payment for an investment propert...
Robert Walden
Private Money Lender Payments
One of the advantages of using private money loans is that they can be structured more favorably than an HML or bank loan. However, there are still some general rules of the road that even private lenders expect. I us...
Lauren Daly
First time late payment
Our tenant pays us via Chase Quick pay every month, and her rent is due by the third of every month. Today is the 4th and her payment hasn't shown up yet.
Does anyone have some standard language that they use for la...
Debbie Farmer
Section 8 Decreasing Payments?
Hi all,
Has anyone noticed Section 8 rental payments decreasing lately? I have several 3/1 1000 sq ft duets that have previously been renting to Section 8 tenants for 1350-1395. Sometimes I will rent to tenants with...