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Of course not. A loan is not a payment, but rather an entrusting of another person with your property (or money), expecting it to be returned. Rent is simply a payment in exchange for possession of something for some defined period, and it will not be returned. Similarly, a security deposit for renting property is not a loan and is not rent: it remains the property of the tenant, but is held by the landlord until the tenancy is discharged.
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∙ 16y ago
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Could a family buy a apartment complex make a rent payment toward the the loan payment and have tenant's who pay rent that goes toward upkeep?
Buying an apartment complex is one thing; charging rent is another. No one can force a landlord to allocate any rent received to go toward the loan payment for the complex owner.
What is a contract that let you rent someone else's possessions?
loan
How can I rent a segway for a day in Kansas City?
I want to know the same thing.
Can you be garnished for the same thing twice?
If you mean for the same judgment, YES. Two judgments for the same defaulted loan, NO.
Which loan would be best if I want to rent out a house?
The best type of loan would be an investment property loan.
Was citifinancial mortgage company ever accused of predatory lending?
Please let me know what you find out....we are wondering the same thing with a mortgage loan we have with them at 10%.... Please let me know what you find out....we are wondering the same thing with a mortgage loan we have with them at 10%....
Can you part loan a horse for a month?
yes it's part boarding a horse where 2 or more people rent the same horse for less money.
Can you loan textbooks to students and not have them buy the textbooks?
Sure, you can rent textbooks.
Can you get a student loan to pay rent and other things if school is already paid for by someone else?
If your schooling is paid for you do not qualify for a loan. When you apply for a student loan income is reported and tax records are asked for as part of the loan process. Get a job if you need to pay the rent and consider yourself lucky you don't have to get a loan. A loan is not "free" money and you have to pay it back when you graduate or drop out of school.
Can you get a student loan if you make a lot of money which goes to bills and rent but none for school.?
It will depend on the conditions of your loan provider.
Is the applicant and co signer the same thing on a bank loan?
No, they are not the same. The Applicant is the person applying for the loan. In the case of a Business Partner or being married in Community-Of-Property, the other person involved will be the co-signer
Do the terms buying and owning a home mean the same thing when applying for credit?
No, a house is considered a secured loan. When you apply for credit it will be either a secured or an unsecured loan.
