The Home Purchase Program is designed to help local residents that would not otherwise be able to own a home, purchase a home by providing assistance for down payment, closing costs, prepaids and/or repairs.In addition, Florida Housing also offers up to $14,999 to assist eligible borrowers with their down payment and closing costs!

Lets say it's going to cost $50k to acquire the property with the down payment, closing costs and pre-paids.

Is it necessary, or better to have the buyer to pay us (the wholesaler) with a check for the assignment fee? We have our bank account set up where we can accept payments from PayPal, Square or send them an invoice th...

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.

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

I went 9 months ago  i paid 197 for the 3 day,  on day 3 I suggest leaving your Checkbook and debit or credit cards home. the upsell was 30k, 35k & 50k . 

Is it automatically deducted via Air Bnb, another auto debit, or am I required to retain the rental payments and send a physical check?

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

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. 

Many banks want to see a signed lease for 12 months at $1000 a month rather than $30,000 in pre-paid rentals.