Current Numbers:Purchased for 95k in 2005Note Balance $59,830.20Rate 5.75% 30 yr fixedMonthly Payment P/I $675.35Rent $1000.00Cash Out Refinance NumbersCash Out $13,885.73 + about $1500 from our escrow accountDebt to be paid off $60,000.00Est Prepaid Items/Reserves $2160.27Est Closing Costs $3289.00Loan $78,750 15 yr fixedRate 4.5%Monthly Payment P/I $831.09Rent $ 1000.00Rough Numbers If I SoldSell Price 110kLoan Payoff 60KCommissions/Closing costs 8kCash to buy a better deal 42KSo based on all this, what are your thoughts BP?!  

Last but not least: some banks will allow account holders to overdraft using their debit card and then slam them with fees.

@Marc Roach,I don't think ANY lenders care how your source your payments.Find one which does accept payments online, then find out if they only take routing/account numbers (checking or savings accounts) or if they also accept credit/debit cards.I do almost all of my payments on-line - even property tax.David J Dachtera"Success is not a destination.

(https://www.thelpa.com/) they can give all of the forms you may need along with state specifics for a yearly membership of $99. if you wanted to go beyond that to have an attorney look over the forms too, you could always so something like prepaid legal (under $20/mo) and have them look it over to verify your not missing anything... though I've never had any issues with their lease in court.. 

I've spoken to my CPA and -- cutting to the chase and factoring in passive losses, etc -- if I were to 1031 it into different investments, I'd need to spend about $100K of equity against about $300K of debit (for a total of $400K) in order to qualify for a "like" property and avoid capital gains.What I'm looking for are thoughts on the best strategies moving forward. 

If they opt for the pro-rated rent they will pay the reduced amount for month #2 since month #1 was prepaid at lease signing.

Do Not agree to pay "all closing costs" if the buyer is getting financing, there will be an argument about the 4-6% in fees, prepaids, etc. the buyer needs to pay with a financed deal.  

Quick question - the house I have been trying to buy has been under agreement on and off for the last 6 months - the seller has indicated to me that the buyer(s) can't get financing, and has been saying it's because of the VA loan or debit to income ratio.  

You are not double paying, this is stating that the amount of the PMI funding fee is being rolled into your loan.Total cost/debits (A-H) are 227,030.06Total credits (J-N) + P also adds up to 227,030.06

I contacted support and they told me it charged her $17.00 because she used her debit card.