Other closing costs would be title & escrow (about $975), tax service/flood cert/credit report, prepaid interest (varies depending on per diem interest and which day you close), notary fee, recording fees, and upfront appraisal fee.  

My question is how do you log a cash out refinance on a property like the one I referenced.I had him log under the property, the actual cost (split land-building),  capital improvements(which includes closing costs from cashout refi), accumulated depreciation, loan costs that gets amortised over the life of the loan, and setup an escrow account that all the prepaid taxes and insurance went. 

All notices required or permitted under this Agreement shall be in writing and shall be deemed delivered when delivered in person or deposited in the United States mail, postage prepaid, addressed as follows:IF for The Seller and/or The Buyer:___________________________________________________________________________Address: ___________________________________________________________________Print: _______________________________________ Date: ___________________________IF for The Consultant:___________________________________________________________________________Address: ___________________________________________________________________Print: _______________________________________ Date:___________________________Such address may be changed from time to time by either party by providing written notice to the other in the manner set forth above.11.

Example - 350k fourplex purchase - 155k entitlement = 195k difference X 25% = $48,750 down payment from veteran needed + closing costs/prepaids/etc to close.Eventually you'll run out of entitlement so you'll have to strategically plan your acquisition cost  values with your exit values when you plan to leave the property so that you can refinance your VA loans into FHA or conventional to "free up," your entitlement to 100% of the county limit once again.Proper mortgage planning will be critical.Hope that helps.

Insurance is prepaid for a year so its part of closing costs.I will put up some before pics later.

Is it true that down payments, closing costs and prepaids can never be rolled into the purchase price of an investment property?

The new loan amount can be no more than the actual documented amount of the borrower's initial investment in purchasing the property plus the financing of closing costs, prepaid fees, and points"...If other Lenders have differing (better for investors) criteria, please let us know.

If your local laws do not permit you to set their stuff out on the street, then you need to look into a prepaid storage locker.

Dear Fellow Omaha investors...We have a pre-paid place in upcoming Ron Legrand workshop up in MN, from the last minute cancellation.You can have it if you want to, but please check if Ron's appoach interests you and aligns with your investment goals, because ideally we are looking for a future partner.We would be happy to have you come along with us.

What about the route that @Robert Herrera mentioned if say "bob" wants to prepay for 4 months can I just get them both signing an acknowledgement stating that the months of April and may are being prepaid.