Total loan is limited to FHA loan limits for the county.Also includes mortgage insurance premium just like a regular FHA loan.203k takes longer to close that a regular FHA loan, which can impact the strength of your offer.

@Bryan Mitchell - many deals on Hubzu you will pay a 5% buyer premium on top of the sales price, similar to other auction sites.

If I own the pharmacy, I have:Rent - a premium, high-rent payer,Credit – tenant has great credit,Building - vertical improvements in the form of the building,Site Improvements - in the form of a parking lot, curbing, storm controls, etc,Zoning – I own real estate zoned for a broad variety of commercial uses, andReal Estate - I have a great piece of underlying ground on the hard corner of a signalized intersection with the highest traffic counts in the area.There is a market for this type of product.

The insurance estimates I got was $900 annual premium for each duplex (at $140K replaceing cost).

The premiums are higher and aren't eligible for RCV (so either the 80% rule applies or they prorate everything that is damaged into the ground).  

If they have lower than market rents and location is an A then many tenants expanding might fight for the location and pay a premium.

PrepaidsHomeowner's Insurance Premium ( months)Mortgage Insurance Premium ( months)Prepaid Interest ($11.7534 per day for 20 days @4.125 %) $235Property Taxes ( months)G.

It is hard to trust someone you have no relationship with to be responsible to get the job done, done right and not be over-charged - there are times when you don't mind paying a premium for a job well done.About 10 years I did a 1031 tax deferred exchange into a house on Amelia Island, (outside of Jacksonville), I am in Baltimore, we do have a person we trust to do our work - since we only get to our home compound a few times a year.So tell us............. how's real estate investing in Miami, Florida?

Upside to small town is lots of guys that want to keep their big trucks clean, and are willing to pay for a more premium wash.

Not to sound too callous but any property not damaged is going to be going for a premium very soon.