I'm not counting the prepaid insurance and prepaid taxes in that number since we have those funds in our escrow and will be transferring them over to the new loan if we refinanced.

A lender may tell you that by doing this you will be paying more in prepaid interest, but run the numbers and typically the rents are greater than the daily interest and that's factoring in the the time value of money. 

Hi,  What is the best/affordable/smart way of mailing out a contract with a pre-paid postage and return envelope all in one?

They didn't respond to the most recent email as it contained details as to how this accounting is being broken down via PDF, and tenant has only paid rent amount every month, and PM is not reimbursing me for prepaid utilities.

@Jonathan Dickerson#1 all tenants lie #2 they paid you a bunch up front #3 they have lots of time now to bank some money (if they are smart) and be able to pay rent on timeI’d draw up a new month to month, starting with when their pre-paid runs out, if they don’t obey the lease at that point, then move to evict.

Daly with Regions Mortgage in Indianapolis has 100% financing with no monthly interest - if the seller is willing to cover closing costs and prepaids, then you can typically purchase for very little down, minimum of $500, should you have a credit score of 680 or more.If you'd like her direct information - feel free to send me a message - she's a great contact to have even if you don't pursue a loan through her directly.Good luck!

Your Escrowed and Prepaids could simply be very high.But it looks like there are a lot of individual fees.  

.$2,940.00 $2,940.00 $2,940.00 $3,057.60 $3,057.60 Maintenance$2,100.00 $2,100.00 $2,100.00 $2,184.00 $2,184.00 Total Safety Net$10,500.00 $10,500.00 $10,500.00 $10,920.00 $10,920.00 Net Income $ (25.43) $ (218.25) $ (414.93) $ 750.54 $ 545.92  Balance Sheet – 5 Yr Projection (CAD)Year 1Assets Liabilities Cash $ 5,000.00 Notes Payable $ 279,086.03 Prepaid Ins $ 2,100.00 Interest $ 2,800.02 Capital $ 10,500.00 Taxes $ 1,800.00 Notes Payable II $ 20,000.00 Building $ 260,000.00 Land $ 30,000.00 Total Liabilities $ 303,686.05 Owner's Equity Retained Earnings $ 10,500.00 Mortgage Equity $ 6,913.97 Equity $ (13,500.02) Total Equity$3,913.95 Total Assets $ 307,600.00 Total Liabilities & Equity $ 307,600.00 Year 2Assets Liabilities Cash $ 5,000.00 Notes Payable $ 271,869.74 Prepaid Ins $ 2,112.42 Interest $ 2,800.02 Capital $ 21,000.00 Taxes $ 2,735.64 Notes Payable II $ 20,000.00 Building $ 260,000.00 Land $ 30,000.00 Total Liabilities $ 297,405.40 Owner's Equity Retained Earnings $ 21,000.00 Mortgage Equity $ 14,130.26 Equity $ (14,423.24) Total Equity$20,707.02 Total Assets $ 318,112.42 Total Liabilities & Equity $ 318,112.42  Year 3Assets Liabilities Cash $ 5,000.00 Notes Payable $ 264,370.28 Prepaid Ins $ 2,154.67 Interest $ 2,800.02 Capital $ 31,500.00 Taxes $ 2,790.35 Notes Payable II $ 20,000.00 Building $ 260,000.00 Land $ 30,000.00 Total Liabilities $ 289,960.65 Owner's Equity Retained Earnings $ 31,500.00 Mortgage Equity $ 21,629.72 Equity $ (14,020.77) Dividend $ (414.93)Total Equity$38,694.02 Total Assets $ 328,654.67 Total Liabilities & Equity $ 328,654.67 Year 4Assets Liabilities Cash $ 5,000.00 Notes Payable $ 276,343.14 Prepaid Ins $ 2,197.76 Taxes $ 2,846.16 Capital$42,420.00 Building $ 260,000.00 Land $ 30,000.00 Total Liabilities $ 279,189.30 Owner's Equity Retained Earnings $ 42,511.93 Mortgage Equity $ 9,656.86 Equity $ 8,167.75 Dividend $ 91.93 Total Equity$60,428.46 Total Assets $ 339,617.76 Total Liabilities & Equity $ 339,617.76  Year 5Assets Liabilities Cash $ 5,000.00 Notes Payable $ 266,277.70 Prepaid Ins $ 2,241.72 Taxes $ 2,903.08 Capital$53,340.00 Building $ 260,000.00 Land $ 30,000.00 Total Liabilities $ 269,180.78 Owner's Equity Retained Earnings$53,340.00 Mortgage Equity $ 19,722.30 Equity $ 7,792.71 Dividend $ 545.92 Total Equity$81,400.93 Total Assets $ 350,581.72 Total Liabilities & Equity $ 350,581.72  Why Symptom Estate?

If the rental agreement is terminated, the owner shall return the balance, if any, [of] prepaid rent and deposits recoverable under Section 18 [47- 8-18 NMSA 1978] of the Uniform Owner-Resident Relations Act.

Rates shouldn't be over 4.5% right now and you also have to pay for an appraisal and pre paids.