If I need an attorney, would it be best to enroll in a prepaid legal plan, or pay for services like this individually?

If your lender lets you pay with a debit card and not just your bank account, you can use your credit card to load a pre-paid Visa gift card from the grocery store. 

There are $2,500 of prepaid rents that the sellers are transferring to me.

This closing cost may have escrow and prepaid add in.

@James Jones Yes it is, but I pre-paid for the year out of pocket.

I'm not sure you can do things like build a house on land owned by your IRA.A Roth IRA is a bit different because you pre-paid the taxes. 

We put the prepaid rent in escrow just like a deposit.  

Loan amount: 735660 Loan : Jumbo Down payment : 25% Credit: Excellent (800) Closing: Sep 20th. 2017 Lender: BOA(Bank of America) Loan term: 7/1 arm Interest rate: 2.875% APR: 3.484% Closing cost Credit: $3303 Interest Lock in time : 60 days (until Sep 25th) Lender Fees: $1465 3rd party/Appraisal and all those add ons (Section B from Loan estimate): $819 Title (North american title company) + Section E from Loan estimate: $4821 Prepaids : $2000 I was shopping for Title company and found NATC to be even cheaper than entitle direct by $300.

Except with a big chunk of prepaid rent you have money for liquidated damages for make ready, court costs, and downtime till you find a new renter.

https://www.fanniemae.com/content/guide/selling/b2...Here's a summary: Your new loan amount can’t be higher than the total of what you paid for the home, including the purchase price, closing costs, prepaid fees and points.Your original purchase had to have been what’s called an “arm’s length transaction.”