Hi,I would like to know why on this example mi intial equity is 70.Would be great if someone could help me figure out this simple thing because I can't :(I attach an image of the rental property calculator with the deal I created for learning purposes onlyThank you!

I love Michigan.

Not my first rehab but my first one to document start to finish here on BP. I figured since this was such a huge undertaking for me I should share with everyone. Story for this one was that I had noticed this property...

They would be smoking in the house, leaving all the doors and windows open after they'd leave for the night, in the middle of a Michigan winter mind you with propane as the heat source and that's not cheap.

@Eliot M. I

https://www.meetup.com/DFW-REI-Network-Investing-M...I am a Realtor and would love to help you find properties, partner, provide rehab... anything you need.Hope to meet you next week!

I am not clear when you stated that your MIP is paid off. on a FHA loan there are 2 types of Mortgage Insurance, one is called Up-Front MI and the other one is monthly MI.

@David M. I

Hi Guys:I'm buying a foreclosure in Michigan.

Katrina M. I