You can get a total of 10 residential mortgages.

When we get data back from our servicer, I assume (haven't bought any notes yet), that it will show how much of each payment (or total payments annually) are principle vs interest.   

You have to look at the points as being a percentage of the total loan which would include the purchase price and the rehab.

I totally get the idea behind wanting the turnover to be as quick as possible but I'm always kind of weary of marketing the units until I have them clean, painted, new flooring etc.

Does that mean I can buy a 4plex and live in one of the units or 4 single family units in total per borrower?

With my portfolio lender bank, they will let me slide with no appraisal and I'll be about to take out 40k additional, 4.375% 30 year, $500 total closing costs, bi-weekly, one point (I can do no points but the rate will be .5% basis points higher).

Real estate is a great investment vehicle, particularly from a total-return perspective so I think you are doing a great thing by looking to get into it.

Do you know what the total payoff is on the mortgage ?

Gross Potential Income or Effective Income / net rentable SF or total square footage ?

Basic details of the refinance I'm being offered:Interest: 4.5% up from 3.25%PMI: $0 down from $281Total Loan Value: $240,000Monthly payment including tax and insurance: $1,524 down from $1769I didn't catch the closing cost total, so I'll need to follow up on that.