Is it unusual to resign a new Note, Deed and Adjustable Rate Rider after a loan has already closed?

I don't know what state you are in, but if you are in a heating climate (a colder northern state), this is not unusual.

It's very unusual than numerous licensed legal professionals are able to offer the same service for 5-10 times less than their colleagues.

They are required to do SARS reports if you move amounts of cash or have unusual activity.

I'm trying to figure out the best way to approach my taxes this year, as it was a bit of an unusual year for our house.

A lot depends on your total assets and how that relates to the loan amounts you will be at risk for.Many new investors overlook some unusual, low probability, but real risks.

The closing costs would typically not be included (unless they are unusual).  

So, it isn't weird or unusual to have these things not match.

@Nick Vogel   Nick – thanks – that’s helpful ...find out what the terms ( rates ....loan fees ...closing costs etc) for both option ......try to total up the FHA UFMIP and also the FHA MI payments for 5 yrs to see what this amounts to .......a 95% ltv conv loan for an owner occupied MF property with no mtg ins sounds a bit unusual ( fishy ) ...but maybe this is accurate ....with the 5 yr arm – you aren’t required to refinance the loan after year 5 – the rate and payment will just begin adjusting every 6 months or every year ( not ideal when the loan is on a rental property ) ....if you plan to refinance or sell the property within 5 yrs - use the conv loan arm option .....if planning to hold it for more than 5 yrs - avoid using an arm and try to use a fixed rate ( this shouldn’t have a rate much higher than the arm you mention ) ...keep me posted and good luck Dave Skow

I appreciate your argument in suggesting arbitrage is somehow unusual and why would any principal in the transaction allow it but I can assure you that yes there are plenty of avenues to lease/rent something and then release/re-rent that item or service.