When I cancel the policy they refund me whatever I have pre-paid for the month. 

If you use the cash accounting method, that last months rent would be rent income when you actually receive the prepaid rent.

Every month's rent must be prepaid, including the last month's rent (or portion thereof.)   

See prepaid lawyer.

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"...If other Lenders have differing (better for investors) criteria, please let us know.

Example - 350k fourplex purchase - 155k entitlement = 195k difference X 25% = $48,750 down payment from veteran needed + closing costs/prepaids/etc to close.Eventually you'll run out of entitlement so you'll have to strategically plan your acquisition cost  values with your exit values when you plan to leave the property so that you can refinance your VA loans into FHA or conventional to "free up," your entitlement to 100% of the county limit once again.Proper mortgage planning will be critical.Hope that helps.

All notices required or permitted under this Agreement shall be in writing and shall be deemed delivered when delivered in person or deposited in the United States mail, postage prepaid, addressed as follows:IF for The Seller and/or The Buyer:___________________________________________________________________________Address: ___________________________________________________________________Print: _______________________________________ Date: ___________________________IF for The Consultant:___________________________________________________________________________Address: ___________________________________________________________________Print: _______________________________________ Date:___________________________Such address may be changed from time to time by either party by providing written notice to the other in the manner set forth above.11.

If your local laws do not permit you to set their stuff out on the street, then you need to look into a prepaid storage locker.

So, if you paid 100k, and the appraisal is 150k with 5k in closing costs/pre-paids you could borrow 105k max. 

Insurance is prepaid for a year so its part of closing costs.I will put up some before pics later.