15 November 2016 | 8 replies
I would offer to refund some of their deposit or prepaid rent if they leave your place in good condition.
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4 January 2019 | 16 replies
@Brandon L.I use to work for Prepaid Legal.
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14 November 2018 | 4 replies
I don't know if you have an owner occupied property or not or if you could qualify for one but if you do I would suggest you look at a 2-4 unit with 3.5% down FHA and build a seller credit into the deal to pay your closing costs and pre-paid expenses (Escrows, taxes).
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7 February 2023 | 9 replies
Normally on this letter you indicate the amount of Deposit you are holding; description of any pre-paid rent for the period; descriptions of deductions including a line item for the pro-rated rent; and if applicable pro-rated utility costs; cleaning or damage repairs per included invoice.
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7 February 2023 | 12 replies
From there how much money in terms of actual cash you wish to use for the down payment and closing costs.When you negotiate the price of your home, if the seller is unwilling to pay closing costs, hammer down that price and then have them raise the price say 3%-6% to cover your costs, prepaids, that are part of the closing.
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24 October 2022 | 6 replies
Do understand if you should get any of the loan amount back if you pre-paid the interest and then failed to use it.John Corey
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3 May 2022 | 13 replies
You honestly probably will need the $150k for a down payment + closing costs & prepaids on an investment property in ATX, as you will probably want to put 25% down with how interest rates are.
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3 October 2015 | 2 replies
These expenses include: Contributions up to 6% of the sales priceDecorating allowancesRepair allowancesMoving costsNote—a dollar for dollar sales price reduction is also required for - Excess rent credit and gift funds not meeting FHA requirements Contributions exceeding the actual cost of prepaid expenses, discount points and other financing concessions Credit Requirements Required is 600.
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15 January 2023 | 4 replies
I would like to ensure their ability to pay the rent once the pre-paid rent period is complete, how should I go about verifying their new employment and income for their new jobs?
27 April 2015 | 9 replies
(Not legal advice or tax advice, only my opinion)Open a pre-paid credit card in the business name and you will soon be swamped with card offers and the business will be established.