Just remember when you're running FHA numbers with the 3.5% minimum down payment, that there is an upfront 1.75% PMI charge that can be baked into the loan, and there is an ongoing 1.25% PMI charge (1.25% per year of the original loan amount) that will be in your mortgage payment.One nice thing about the FHA loan is that it will be assumable in the future for a new buyer, and the low rate you're locking in today could be a very strong selling point for the property down the road.I'd benchmark your new lender's rate against amerisave.com.

Even if it's just $5 per month, it makes a difference.Another thing is offering something for FREE with move-in such as a flat-screen TV or DVD player.

However you also get a large base of young professionals that stay in the area so it isn't just a student Mecca (I have actually only had one person that was a student and he was living with his fiancé that was not a student and he worked full time and was getting his masters at night).Good rents and I have never had a flat out bad tenant there.Prices aren't cheap but there are chances to get cash flow there.

A bake out is heating the building to relatively high temperatures.

Knobs or handles on cabinet doors, tiles to be 4" x4" or 12" x 24" what type of grout, paint ceilings flat white, walls eggshell, all trims and casings to be white gloss and the specific paint you want. they may be pricing you on x and you want y, etc....

Post a copy of the summary (redact any personal information) and we can probably give a more detailed answer to whether the costs are reasonable or not.And don't hesitate to call the title company and ask them flat-out why the commission is on your side of the HUD and not the seller's.

Assuming you are doing a typical knock down, which is Not 100% coverage(there are small spaces between the new "blobs" that are knocked down) the small void/flat areas will show the old orange peel on the old walls.

They flat out rejected our offer and we were told they would be taking the house off the market.

So he said as long as I can send him the signed contract between the seller and I proving this, he can do a flat fee listing for me.

Cash flow for me was always something to be managed, not the main goal.Look at all the rich people in NYC that buy flats all cash, just to park their money.