- require payment of assignment fee at closing and take a deposit at assignment.

I am thinking of moving accounts and have been thinking about the good and the bad.It seems credit unions are more comfortable with creating a line of credit based on personal credit (me being guarantor) whereas a bank can establish a line of credit based on deposits/investments/cash held in lieu.What do you prefer and why?

I've been offered  3 times the rent, 6 mos up front and a larger deposit.  

Jose S.He might just be a noob.Roll with it, tell him he gets a cashier's check in the form of an earnest money deposit to the escrow account when/if he accepts your offer to purchase, should you decide that you'd like to offer. 

So the hold is key and should go toward security deposit.

I could understand variance with even +/- 10%, but 22% seems malicious to me.My agent said I can either bow out and try to fight for my earnest deposit or try to lobby for a reassessment but some internet research tells me that sellers usually tell buyers to f-- off.

Tenant(s) in place, rents being collected, and in many cases the support team is available OR a Property Manager runs the whole operations and the investor is passively collecting deposits to their account.Turnkey purchasing leads to a B&H investment. 

I had her start escrow and sign my assignment for $18,000 and deposit a $1,000 nonrefundable earnest deposit that would revert to me after 30 days if she couldn’t perform.I assumed Paulette was keeping up the payments and was shocked when she calls to tell me that she owes a lot more than she thought and she had to cancel our deal and was just going to give it back to the lender.

And, while we're having this talk, why are you asking ME to come up with your meagre 5% deposit for your primary?

I'd keep it simple, Application denied.Your going to have to make this type of decision on each applicant.Do you have a set criteria for your rentals.. credit score number, income = like 3 times the rent, verifiable rental history,, should show deposit returned , no lease infractions... if deposit wasn't returned what was reason, was lease term completed..