If someone uses your referral link to create an account and buy or sell a property, you can get $1000 off your purchase or $1000 prepaid VISA card within minutes. 30 Day Buy Back guarantee - If you are not happy after purchasing the property, you can sell it back to Roofstock within 30 days.

Also, even though the taxes are prepaid, you still have to factor it in.

The new loan amount can be no more than the actual documented amount of theborrower's initial investment in purchasing the property plus the financing of closingcosts, prepaid fees, and points on the new mortgage loan (subject to the maximumLTV/CLTV/HCLTV ratios for the transaction).5.

Fast forward to yesterday(appraisals are done, waiting on underwriting) after a text from the realtor about signing a document that says I'm okay with him representing me and the seller, I called him and brought up the fact that I'd looked over the purchase agreement and the rental agreement and nothing was stated about the rent increase, but it was clearly stated that ALL rental income even prepaid rents (the warehouse was paid in full up front) would be prorated to the buyer (roughly 2200/month)I'm at a crossroads on what to do, part of me wants to just ask for earnest money and appraisal fees back and walk away, but the cashflow of $2300 (current rents not counting warehouse) on a $105,000 property just seems to appealing to walk away from, what do the more experienced investors than myself think

Since you are cashing out you could take a portion of the proceeds of the cash out and buy down the rate with prepaid mortgage interest/points as well as cover the closing costs. 

There are a number of upfront attorney fees, prepaids (taxes and homeowners insurance), recording fees and etc.

The specific verbiage reads: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 on the new mortgage loan (subject to the maximum LTV, CLTV, and HCLTV ratios for the cash-out transaction based on the current appraised value).Since the maximum LTV is 75% of the appraised value for a cash out loan, that's where they get the "lower of the two" values from. 

There may be pre-paid such as taxes, insurance etc.In Texas, we go through title companies for all the title work and paperwork. 

She wrote it up as 8 month of taxes prepaid just in case which is around 4 grand.

This fourplex is renting 200-250 more per door than the other fourplexes so that can give you an indicator of its performance.The UFMIP is partially refundable only if you go from FHA to FHA refinance loans which is commonly referred to as a streamline FHA refinance.If you go from FHA to conventional you will get no refund of any unused UFMIP.refinance costs are generally 3500 or so with appraisal since fourplex appraisal's are around 750-900 (higher than SFR appraisals).If you include costs for prepaid interest, taxes, and interest your total closing may be much higher but these are costs you'd pay any way in lieu of refinancing.