Hey BP family, My name is Anthony Townsend I’m from Pontiac, MI.

My property is located in Grand Rapids, MI.

@Todd Powell I buy in Michigan right now.

. $630,000 - 660,000Loan Balance: $470,000Rate: 4.75% on a 30 Year FixedGoal: I am looking to remove MI and take out some cash to pay off the short-term debts used to repair the property.It is my understanding that I have to wait 6 months to be able to do a cash out refi based on the ARV.

Hi EveryoneThought I would post a recent sold property on same Street, and similar productThis is a hot market for flippinghttps://www.trulia.com/p/mi/detroit/18601-cherryla...

If you have mortgage insurance on the loan now, I would build the garage and then ask the existing 1st mortgage to remove the MI.

Same question here but in Michigan!

I just passed the Michigan Real Estate Exam 2 weeks ago and do not have a sponsoring broker. 

However, I'm currently in a back-and-forth escalating disagreement with my bank that claims I need to reach an LTV of 65% to remove MI versus what I believe the home possible guidelines show on their website, which is 80% for 1-4 unit properties.As you further dive into this process please make sure to have your bank document the conditions for cancelling MI.

I live on the outskirts of Detroit Michigan and just wanted to find out what would be a good school for helping me get my salesperson license and the length of time to complete the course work?