Hello Everyone,I bought a home back in January 2024 using my FHA loan and I received a call from Atlantic Capital Funding saying that I could FHA streamline (interest reduction) from my 6.625% to 5.7% and could even get two mortgage payments covered, (allegedly).

I am covering utilities for the 1st floor and garden unit (for a 3-unit MFH rental)Any recommendations for a programmable thermostat where I can lock appropriate temperature ranges?

Welcome to the community.Using rental income to cover your mortgage is a great plan.Good luck!

Is that per TV or cover the whole house.I have upscale vacation rentals so I'm personally not cheating out by not providing cable channels.I even put this in my ads. " If other properties aren't even providing cable channels, what other corners are they cutting?

We have a great event at A and N Mortgage tonight and also tomorrow night that will cover a lot of these topics, you should go to it!

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.

When she started to remodel, she realized the electricity needed to be updated and the current landlord didn't have the funds to cover.

With your current 2.875% interest rate and tenants covering expenses, you're in a solid spot.

I guess my questions is: could I purchase one policy that would cover the tenants in multiple units?

I haven't turned over our estimates as I told our realtor that the estimates won't cover the real cost to us, which is higher due to loss of use (no rental income while work is being done) and time that we'll have to invest in hiring and coordinating the work.