@Doron RiceI use ERentPayment.com for tenants to pay me directly.....They are easy to use....They only charge $3.00 per transaction so to keep it simple I roll it into what the tenant pays for rent....i.e.

Unless you can roll them into the loan.  

After passing your test and when you officially become a licensed agent is when the fun starts.  

I had to pay/request permission to turn on water, pay a master plumber to do a back pressure test, pay the water company to turn on the water and then the bank didn't like the report and had to do it all again.

We plan on acquiring smaller multi unit properties initially and as we progress rolling them into larger multi family properties. 

Hey Steve Thanks for the heads up and I see someone listed on the NAEA.org website that I will give a call next week to get this ball rolling,because I do need some guidance THANKS!

Then just repeat 10x and you will be rolling!

I would test out the service and see if it works out for everyone.

My vote would be to take the required courses and test to get your RE sales person license, hang your hat with a RE broker, and start working as a real estate agent full or part time.

The debt automatically rolls over into P&I payments at the end of the interest only period and has a 5 year balloon amortized over 20 years (there are banks that will amortize 25 years, I've spoken with one that will even LOCK the rate for 20 years for a small premium).