Hi Lina -- I'm based in Dallas but wouldn't know the laws for the city and county of Kyle, Texas.

I'm based in Powder Springs, Ga.I've always heard about real estate passively but it always went over my head and seemed beyond my reach. 

The drop and Swap is about all we use here due to the confiscatory tax rates based on sale price.

I’ll definitely make that a priority as I build my team.I also appreciate your point about using different contractors based on the scope of work.

Reaching out to the community to make sure I'm not off base here to immediately think to decline this offer.  

@Kevin Connauton, I agree with you that although Pad Split is a great choice for getting the rooms filled, they don't cover all your bases in terms of property management.

If a single-family owner-occupied property is worth $400,000 - I wouldn't invest more than $280,000 (70%) in a note secured by the property.ITV takes priority over desired yield - so even if the note discounts to $350,000 based on desired yield, the investor still won't go beyond their maximum ITV. 

Based on the below information, what would you be offering for these?

You will not be refunded any of the UFMIP if you refi unless you refi into another FHA loan, in which case you will receive a partial credit based on how long it's been.

@Vincent WeselakIt’s a good idea to get an estimate for your insurance costs upfront since this can vary based on the property type and location, and it’s a key factor in evaluating your cash flow.