(documented and continuous work history in order to qualify)FHA is only for 1 to 4 unit structures.With FHA you will have an upfront mortgage insurance premium (UFMIP) and then monthly mortgage insurance after that as well.

The premium for complying with the historic requirements was 100-200%.

Locating investors suitable for you would be another great service that big data could help out with.I can't see paying a premium to try to figure out capex more precisely.

Your potential rents are going to be affected by the cost of the premiums for a renter's policy.

And it was a great deal because I won the auction for 100k plus 5% premium which made the purchase price 105K.

Btw, thought this was funny/interesting -- my friend isn't convinced about title insurance (he's willing to self insure given his financial situation), and in doing some research, he found out that the title insurance premium is split between the closing agent and the title insurance company.

The problem is you are paying premiums for $190,000 of coverage when the carrier is not going to pay that out when you have a claim.Hopefully this reply is useful for you.

quoted:"We can finance up to 80% of the value of a 1-4 unit investment property or 85% of the value of a 5-6 unit property which this would apply to you.If you placed;1. 15% down the CMHC premium would be 4.5%2. 20% down the CMHC would be 3.5%3. 25% down the CMHC premium would be 2.25%On that note 20% down is considered conventional and if you can place at least 20% down we can ask for an exception.

You do a full premium rehab or just standard rental rehab?

Mortgage Insurance Premium on FHA vs Private Mortgage Insurance on conventional....why different, I have no idea!