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If you've got rental property
So let's say you've got a property that you plan on renting out. The rent is due on the first, which most are. 9 times out of 10, the tenant won't pay before the first... so; Does that mean, I have to cover that mortgage (so won't be late) for the first? Then once the tenant pays me, I deposit that check. That's the only I see doing it without incurring a late fee from the bank or lender. I doubt the lender or bank gives 2 shits... they want their $$ on the first.
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