Probably not the first choice for most, but they are based in OH, so at least understand the local landscape.

You want it so that if anyone looked at your forms for an audit they would make the same choice you did with just the paper in front of you.just my thoughts and Good Luck!

Hi @Michael PlanteIf you listened well to Podcast  238 really well, you would have noticed my first 2 apartment complexes I purchased went bad really fast.

If you don't keep insurance on the property if its mortgaged, the bank will get insurance for you and you won't have a choice in the matter.

@Anthony Dooley not a bad idea!

A smart marketing gimmick but best believe that you are paying the PMI off somehow (in this case via a higher interest rate)I am not saying that PMI buyouts are bad, in anyway.

Of course, the bank insisted upon the $300,000.Nonetheless, if the appraisal you get is way off from your asking price, you will have no choice but to lower. 

So the FNMA that you mentioned...is it crushing your projections in a good way or bad way....?

When I work out the numbers, especially for option 2, this seems to be a pretty bad property to keep as a rental in terms to cash flow.

House Flippers Caused the US Housing Market Crash.It suggests that it was not subprime borrowers with bad credit who caused the crash, but investors, based on the fact that the great expansion of credit happened with people who had good to excellent credit.What do you think about this argument?