You’ll have another 1000 or so in title fees and prepaid taxes and insurance.

On a side note, in Texas we can do anything and everything we wish to with a deposit or prepaid rent be it buy a boat or head to the casinos in Louisiana. 

You might consider getting the type that takes debit/credit cards, that will eliminate the hassle of collecting and depositing the coins

Hi @Darren Mesibov,Actually, the rules state: "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)."

Be sure to separate out your pre-paids / escrows. 

Imagine having all those different check books, debit cards, account numbers for deposits, etc.

Problem is of course I'm not a US resident for immigration purposes, no SSN, and have no credit history in the USA...although I have a US bank account and debit card and I pay utility bills, etc. so maybe I do have some credit history?  

The lender will not accept a contract requiring the seller to provide financing assistance, such as points, pre-paids and or closing costs to be paid by the seller Also, the lender will not allow the seller to pay for home warranties or any inspections to the property.

Last weekend I had pre-paid to be with one of my mastermind business groups to be in Costa Rica, however I ended up in Costa Mesa.Fixer Jay Decima  held what may have been his last (3) day seminar and I wasn't going to miss this.

They all operate the same.Bucket 1 is the down payment Bucket 2 is the closing costs Bucket 3 is the escrow/prepaids for taxes and insurance The first bucket is your required minimum investment/“skin in the loan”.