HI, i have a few questions here. 1. Do i have to open a escrow account to hold the rent credit? 2.When doing a L/O with a seller, does the rent have to be the for the seller and the T/B?
1. No, you definitely would not. 2. This question is missing a word or two. Are you asking if the rent has to be the "same" for the Seller and T/B? I'm just guessing at what you are asking. If so, the answer is no. [addsig]
I'm sorry, i did miss a couple of words. Let me ask the question again. .When doing a L/O with a seller, does the RENT CREDIT have to be the same for the seller and T/B?
When you say "T/B" what are you referring to? I'm just trying to understand some of the RE lingo.
I'm talkimg about a Tenant/Buyer...
The answer is no. [addsig]
1. No, you definitely would not.
2. This question is missing a word or two. Are you asking if the rent has to be the "same" for the Seller and T/B? I'm just guessing at what you are asking. If so, the answer is no.
[addsig]
I'm sorry, i did miss a couple of words. Let me ask the question again.
.When doing a L/O with a seller, does the RENT CREDIT have to be the same for the seller and T/B?
When you say "T/B" what are you referring to? I'm just trying to understand some of the RE lingo.
I'm talkimg about a Tenant/Buyer...
The answer is no.
[addsig]