Mail, registered or certified, return receipt requested, postage prepaid, or if deposited with any commercial air courier or express service. 12.

.-9 Month Lease with option for month-to-month-2x Security Deposit-3 Months pre-paid rent-Payment letter of guarantee from ALE-$800 premium paid monthly for accepting terms.

Ex-husband is the guarantor of the lease.In some states accepting pre-paid rent is not permitted.

Be sure to check your actual closing costs (not the prepaids / escrows). 

You need to separate out the "escrows / prepaids" and your actual "costs." 

So, we can lend up to 156,750 as that is 75% of 209k.  150k was the purchase price plus 6750 of closing costs and pre-paids into the loan.   

I do want to talk to a LOCAL attorney about this because i've used pre-paid legal shield and they couldn't even give me a straight answer!!

As well as maybe a prepaid expense account, for example you may pay an insurance in full and then need to amortize over the month it covers.

You need 2 business accounts, one operating account and one escrow account.Deposits are not your money, pre-paid rent should be recognized as received on a cash basis with it being a liability until the rent is realized.

I kept saving and learning, paid off my car and student loans (helped my DTI) so I could buy another house in 2020 using another conventional 5% down loan (this time I prepaid the PMI because it was half the price of making the payments).