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Updated almost 8 years ago on . Most recent reply

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David Barnett
  • Melrose Park, PA
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D you have any thoughts on this idea

David Barnett
  • Melrose Park, PA
Posted

Ok my friend asked me about his idea  - to set up a business to offer landlords upfront payments for their future rent checks at a discount for example rent for year 12,000 - he would offer 10k. He says there would be no comeback to the landlord if the tenant failed to pay- he would take the hit.

My first thought was that landlords wouldn't sell there future rent at a discount ( i wouldnt).

Love to hear your feedback-

Thanks

David

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