The reality is that the Gross S8 Rent amount on an S8 voucher includes all utilities.

Does being a first time investor change the amount of my required contribution? 

The seller refused to transfer the deposit.  

They purchased using a program that finances 100% of your purchase/rehab on paper, and takes a 15% deposit as cash-collateral that they hold until you refinance.• $60k purchase• $35k rehab• $95k total rehab loan payoff• 15% deposit = $14,250 "down payment"• $126k ARV (confirmed via refinance appraisal, borrower expected this to be higher)• 80% rate/term refinance ($100,800 loan) @ 6.75% [700-719 FICO]• Applied $4k of deposit to payoff for an updated payoff amount of $91k• Cover closing costs with 80% r/t refi + $2k back to borrower at closing (still considered a r/t refi if under $2k) + remaining $10,250 deposit reimbursed after payoff = $12,250 total back to borrower• $4k of his deposit + closing costs for rehab loan = his "cash" in the deal• $1,250 market rents• Total PITI = $765.62• DSCR = 1.6327 I do not see the hold costs.  

To your case specifically, it would collect both your rent, and your utilities,  and deposit the money into your checking account.  

WOW.. 40k plus deposits on a home to be built.. ??? 

Hello,I was wondering for the security deposit return the following:1.

I was having a conversation recently about 1031 exchanges and it got me thinking.As most of you know, there’s no legal minimum amount of gain or property value required to do a 1031.

Jeff Beach the owner has taken deposits for over 2 years from clients.

That is a crazy amount and the 2024 prop lost by 24 points.