Pre-paid MI?

Make sure you put at least $200 every month as a pre-paid expense in this bucket.  

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. 

My experience with the low end rentals, is most don't have a bank account, they use prepaid debit cards and mostly cash.

Has anyone used any type of prepaid internet?

Then during the "preview" provide some incentives: 3m mortgage prepaid, vacation weekend, membership to local club (fitness/golf), 1 yr home cleaning svc, furniture rebate, etc for anyone placing an offer on Monday when it comes on the market.This would get some attention and also some notoriety.TTFN,Greg

that is common with fha. pre-paids are quite high. what is realy ridiculous to me is this is even if you try to do a streamline fha refi with even perfect credit.

There are lots of reasons to not accept pre-paid rent, but I have to admit, that's a new one to me.The rent isn't really your money until it's due.

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.  

I believe HD used to do prepaid cards with online tracking.We used to have a HD credit account on which we spent ridiculous sums on money every year.