Something odd like that, since you don't pay PMI they sort of own it too until you re-fi, or request that be taken off, like PMI.I just had ANOTHER counseling session with them this morning.

This letter was done 2.5 years ago so I'm hoping it was done through FEMA and it will hopefully save me from paying for FI that I'm never going to use.

I am just thinking if the rates are low I might as well re-fi now because it's an adjustable and already at the lowest it will go, and rates will go up again eventually.How do you qualify for a re-fi investment loan?

Quote from @Noah F.: I own a single family home free and clear, worth about $350k.

Good luck,Chad RockeInvestor | REALTOR® | Associate Broker at The FI Team | Brokered by eXpW:www.thefiteam.com

I am planning on 10-20 units probably towards the upper end for my FI point. 

Value (county, and re-fi appraisal) ~145k2.

utf8=%E2%9C%9...I am US Marines Vet.Semper Fi.

I'm wondering would it work to buy with hard money and then turn around and do a re-fi with a bank to get the cheaper rates? 

It's definitely worth waiting to get your financing until AFTER you've started your new job though, otherwise you could be getting into a deal that you will regret and be trying to re-fi later on.My wife and I made the move from Charlotte last year, and we just decided to hole up somewhere cheap while we got income established etc.. but it can't hurt to try to get financed..