I always had about $150-300 leftover each month.

If you really want to know, ask them about their expenses (should be in credit report)If there is something left over after all expenses and rent, you should be ok.

Here's what the loan officer told us: "You still have entitlement left over that you can use if you choose to make this property your primary residence.

I bought a property using a 203k rehab loan and I was wondering about what will happen if you have reno money left over in your escrow account when you refinance your property?

The common “goal” for SFR investing is $200+/month in cashflow, i.e. cash leftover after PITI and all expenses/reserves.

Instead of eating leftovers we eat hot n ready pizzas, instead of paying for a college class and doing it get ahead we buy a six pack and play madden, instead of driving our old car we buy a new one.

Having the money to spend while also leaving it to the next generation is going to be tough.If she's got her heart set on real estate, get her a solid rental where she can spend the rental income and when she's gone, the heirs can sell the house and do what they want with that money.My mom (early 80s) just sold her house and bought a less expensive one-she put her left over money from the sale into a bank account with high interest.  

Any amount left over at the end of year 5 is also reimbursed to the seller.

I had cash flow left over, and after 18 months, we refinanced and I paid back the HELOC.If you can get into a bigger deal that will create more equity, then it makes sense.

electrical upgrades , plumbing,kitchen, roofing, shower, sewer,windows, doors, appliances.. plus I add the first 6month on the loan.My concern is that $18k as leftover in the escrow it should go back to the principal and I only  got  $15K the bank said that the rest is towards mortgage payments… ???