A close friend of mine was in the same shoes as you.Before giving the middle finger to his corporate job he paid off all his credit cards, bought pre-paid gift cards for food, restaurants, movies, and other leisure items, he got his medical and dental checkups done while he was still on insurance, and reduced recurring expenses in order to live as lean as possible in start-up mode. 

I have grown up since then.Six months is a lot of prepaid interest.

He thinks the only sticking point might be that the lender may want me to have even more skin in the game than my $15,000. of "pre-paid" equity!?! 

Pre-paid rents are coming in with a few warnings from residents about being late.

Should the tenant turn to be a problem tenant and you want to evict at some point, it will be much harder to convince a judge if rent is already prepaid.

Expect to pay about $5k or so in lender fees plus your title fees, prepaids and escrows.

Fees:Upfront (pre-paid fee) $3k – This was the 1sttime I ever paid a fee up front (other than an inspection)2% lender Fee – Very Expensive but I suppose is standard for this type of loan productLoan would be serviced/funded originally by Stronghill CapitalSold within 30 days to new providerEarly pay-off penalty (expires after year 5)Feel free to message or ask any additional questions that can help you in your investing journey.

Take advantage of this while it lasts.Lenders will usually allow 2%-3% of the seller to cover your closing costs, pre-paids and other costs(down payment).

These arrangements are front end loaded with prepaids. 

@Stephanie Espinal- thanks -  this  will depend on  1) approx  purchase price and 2) if you are  buying it as a  primary home or as a true  100% rental ..... assuming you are buying  for it to be a  primary residence - you will need a  3.5% down payment /   closing costs +  loan fees  +  prepaids  ( these  will vary  based on the  purchase price )  .... best  to  get a  formal pre approval  process started  so you can make sure you can  qualify and also  so you can  learn the process and  also become familar with all the numbers  (  costs / payments /  cash needed for  closing )