I prepaid him every quarter for keeping Avon moved and gutters cleaned.  

Escrow payments normally include prepaid amounts for home owners insurance and property taxes.With that said - when you make a mortgage payment; the payments are normally record as suchMortgage Payable(principal)             $100Mortgage Interest                               $100Escrow                                                  $100       Cash                                                            $300In this instance, mortgage payable decreases your liabilities.

Balance due at closing (not including Buyer's closing cost, prepaid items or prorations) in U.S. cash or locally drawn certified or cashiers check. approximately.____ exactly ____ $________________ D.

@Paul ChislettI pre-paid for tickets to attend two Summits in Niagara Falls last year.

.:)Many of the charges you'll get from title attorneys are pre-paids (taxes and insurance).  

https://www.fanniemae.com/content/guide/selling/b2...Here's a summary: Your new loan amount can’t be higher than the total of what you paid for the home, including the purchase price, closing costs, prepaid fees and points.Your original purchase had to have been what’s called an “arm’s length transaction.”

@Jennifer S. this is what I've seen on Fannie Mae Delayed Financing Exception: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).If your lender is refinancing both purchase and rehab, do you know if that's a portfolio loan they keep in house?  

I pay $100.00 a month in management fees, for each of my properties, actually prepaid for the year, just like ripping off the bandaid so to speak.Money well spent IMO.

(Built 2018)PRICE: $150,990PAID: 25% Down ($37,747.50) 4.875% Interest Rate; 30 Year Fixed (Conventional Loan)APPRAISAL: $168,100OWE: $113,242RENT: $1,425PRINCIPLE & INTEREST: $599.29PROPERTY TAX: $146.90 (This is not based on a vacant lot)INSURANCE: $50.14MANAGEMENT FEE: $128.25 (9% with Property Frameworks)TOTAL: $924.58CASH FLOW: $500.42LAWN CARE: Tenant responsibility MAINTENANCE: $1,000 prepaid in escrowIt is a good deal and I'm happy with it

She used 3.5% down conventional at 4.5% (pre-paid PMI).