Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

The renovations were already factored into the LTV during the initial loan approval, and the increased value of the property due to those renovations may not automatically allow for an earlier PMI removal under Fannie Mae's standard policy.Workaround/Next Steps:Reappraisal: You might be able to request a reappraisal if the lender is open to it.

The time between when the corrections are presented and the turn time for the designer is really a drag (keep on them).5.

I am not seeing how that is possible when you factor that 6% tax in; and yet Greenville is a popular place to invest…am I missing something???

That's certainly one of the factors since 1sts tend to have tighter margins than junior liens.

These two factors will get investor rates down to a reasonable level.

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

If price point for these properties is a limiting factor, properties found on the North side of Veteran's Memorial Pkwy can be viable too, as long as they are on the East side of Santa Barbara Blvd, and South of Pine Island Rd (SR-78)

You will have income (rent), but then you'll have expenses: taxes, insurance, repairs, turnaround cleanup, eviction/attorney costs, vacancy factor etc.