I haven't looked into it because I never plan on buying there but thats what he said was enacted in the last year. 

I do plan on getting into land one day, just have to get a little further in my career first.

I plan on expanding to a PPC budget very soon.For BP, my goal is to not only learn and connect with any and everyone but also contribute wherever I see fit.

If it is a cash out refi, what is your plan for that money? 

We plan to hold on to them for a long time.  

or ways to reduce our expenses on mortgage every month. we both make about $105k each yearly. but with us planning to have kids in the future, she may stop working.Any advise is appreciated THANK YOU!!!

Or like your plan use it all as a down payment on a much larger property.  4.

Lenders will allow parents to be a non-occupying co-borrower on a home your college student plans to live in.

I just do not want to take this possibility off the table if it could help us really get moving in terms of number of doors we have rented out (a 2/3/4 door rental is an exponential increase in our cash flow, compared to the single family home we are planning to buy first). 

We were informed that the property still has a mortgage of around 80k and the ladys children plan on letting the bank take the property.