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Can I get a commercial loan without 25% down?
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Subject Expert
The mortgage company won’t feel bad charging you the mortgage payment if your tenant doesn’t pay you.
This is a business transaction. Gotta cover your bases.
You also didn’t have to buy a building and charge someone to live there
Coach
I get it. Just make sure you assure them that that month will pay for the last month of their rent, or whatever
So you charged them 2 months rent plus a month and a half for the security deposit?
2 month’s rent and half month’s security deposit
What state are you in? That’s standard practice in NJ. For us it’s a requirement to pay 1.5 deposit PLUS first months rent
In canada
You asked for more money after she already signed a lease?
No, of course not. Pre signing of anything