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.

If I am not mistaken, the fee for using a debit or credit card is more like 2.9% plus 30 cents per transaction.

Funds for my properties will be deposited to and debited from the same business checking account. 

When we go to a Resturant we give our Debit/Credit Card to the waitress, and it's not unheard of when one of them gets the info and starts buying products online.

Has anyone used any type of prepaid internet?

We've been looking at ProPay, which allows for credit/debit payments including by mobile, and once you're set up you can just text back a number (e.g.

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.