@Manny Martinez FHA monthly mortgage insurance is typically 0.85% of the loan amount, so you are effectively already paying the rate you were quoted, $200 per month on an $80,000 loan amount would be about the equivalent of a 3% interest only loan, now factor in the difficulty in finding a 2nd mortgage in todays rate environment that low and assuming the refi rate you are talking about is a fixed rate, your $200 extra per month is paying down the balance of the $80k further reducing the effective rate you are paying on the $80k, all while paying about the same effective rate on your existing balance when you combine your rate and MMI... seems like it is a good move to me or at least better than finding a 2nd mortgage.

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Typically, borrower cash outlays amount to a minimum of 10% of the loan amount for purchases (sometimes less for refinance loans).

A typical budget for those would be 5% of incoming rent for each aka 15% total. 4.

Typically, borrower cash outlays amount to a minimum of 10% of the loan amount for purchases (sometimes less for refinance loans).

Hello I hear their are unsecured loans I can acquire via my income history I believe they give you an income of 20% of the loan now can I pay into the debt replacing pre existing gray space the remaining 80% or will it remain outside as a new amount, hopefully that's understandable.also if I earn $30,000  annually what amount do they let me receive, thanks appreciate entirely.

Now property still cashflows $450 a month and money that I received from refinance ended up buying me another rental property.

I have received a lot of feedback from travel healthcare workers who say "It is terrifying to send a deposit (+1 month rent sometimes) to a stranger to hold space when it could be a scam".

Fed raises rates typically results in increased mortgage rates.I think we are in for a bumpy ride.

The taxable gain will be paid at the end of the 30 year deferral period, while the 1031 Exchange allows you to continually defer the tax and then the investor generally receives a full step-up in cost basis upon their death so that the taxable gain completely disappears.