Now I realized I don't have the full name of one of the tenants and my prepaid Legal service will not help me without their full name.

This rule allows you to do a cash out refinance inside 6 mths, using the appraised value (BUT.... the loan cannot be larger than your original purchase price plus all closing costs and prepaid/escrows).

Here are another few pieces of advice that can help - especially if you have a full time job:* Cell - Buy a pre-paid cell phone and record all the details regarding the property (how much, how big, verification needed, security, etc.) on the VM.

Interest only with 6 months pre-paid upfront. $50,000 Balloon payment due in 18 months.

We then switched to a debit card.

You could also take a larger security deposit (if your state allows this) or prepaid rent (if tenant has the money), but you're still taking a risk dealing with people you know nothing about.

Quick question: I have the funds to cover the 3.5% FHA required down payment.I would like to put in an offer on a home asking is 172,600.Offer 180,000.Seller pays up to 7,400 Closing cost (bank fees, etc + prepaid)Understand that home will need to appraiser for 180k.Will the bank and/or title company understand the contract as such?

Many times I see borrowers confuse prepaids (property taxes and insurance) as a closing cost.

The bank customers continue with noticing much except a name change and new checks & credit/debit cards.

@Joshua Hawkins, I don't have any specific person to recommend, but I personally been using Legal Shield (formerly Pre-paid Legal).