Michael summarized it well: "This scenario gets a bit more complicated"...The reason most FHA-subject threads are written asking how to refinance OUT of FHA, is because unless you have at least 20% equity, you'd be paying an additional Mortgage Insurance (an extra 0.85% interest rate) for the life of that loan. ie.

The data file containing the statistics is on the county web site.1) I made a new sheet (Sheet46) and collected the totals for 18 years and summarized in a chart.

I can't give you any advice on the Nashville market but that summarizes Austin more or less.

So just to summarize, investment property debt doesn't count as debt, it just offsets your income?

My burning questions are sort of summarized below:When I find an REO (or probate listing or short sale for that matter), will the Bank, Lender (shortsale props), or court (probate sales), entertain offers below their list price?  

I've been listening to the back catalog of BP podcasts and strangely enough this was addressed in the quick tip for Episode 198 and is summarized basically as not knowing the sellers motivation means that heir asking could be real or arbitrary and you never know if you don't ask. 

There are a lot of details and sub-point to the points below but i'll try to summarize based on my experince: 1) I'm trying not to duplicate the same content in terms of due diligence that everyone mentioned so far, so the only other thing i would add is make sure you know and you trust where you're buying your notes.

So, I'll quickly summarize my thoughts:@Peter Nelson it's possible to do more than you imagine for your business.

So to summarize this point, Democrats correctly believe that open and free trade is good for everyone, so Trump will probably remain in the Democratic camp on this one.4.

Summarized Business Plan